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Stanford Social Innovation Review

Coverage of Stanford Social Innovation Review in the Nexus archive.

Earliest in view: Aug 2 · 09:11 UTCMost recent: Aug 2 · 09:11 UTC

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BUSINESSAug 2 · 09:11 UTCFORTUNE
Most billionaires are stuck in ‘slow philanthropy.’ MacKenzie Scott gave away $26 billion and won’t stop until ‘the safe is empty’
MacKenzie Scott has donated over $26 billion in philanthropy within a few years, contrasting with the 'slow philanthropy' pattern of most billionaires who give only 1.2% annually. Research by Bridgespan Group and criticism from entities like the Institute for Policy Studies highlight the gap between wealthy individuals' charitable pledges and actual giving. Melinda French Gates praised Scott's rapid and impactful approach.