Dossier
slow philanthropy
Coverage of slow philanthropy in the Nexus archive.
- 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.