Ultra-wealthy gave to broader set of causes in 2020
Nike founders and Twitter co-founder are also on the list of top five donors.
As the world grappled with the coronavirus pandemic, recession, and racial injustice, the super-rich have donated record-breaking funds to a diverse range of needs: philanthropists have made multimillion-dollar gifts to charities, colleges and universities historically African American, and to organizations that care for the poor and homeless. people. Such data are contained in the annual ranking of the 50 largest American philanthropists, which is compiled by the Chronicle of Philanthropy magazine, reports the Associated Press..
The fight against climate change has become another popular area for philanthropists. Topped the list of top donors is Amazon owner Jeff Bezos, who donated $ 10 billion last year to establish the Earth’s Environmental Fund. Bezos, who announced his resignation as Amazon CEO last week to focus more on charities and other projects, also donated $ 100 million to Feeding America, which supplies food to more than 200 free food outlets..
In second place on the list is Mackenzie Scott, ex-wife of Jeff Bezos, who donated a total of $ 5.7 billion in 2020 to 512 organizations, including food, humanitarian and philanthropic foundations..
The third place in the ranking of the largest philanthropists was taken by Michael Bloomberg, who donated $ 1.6 billion to arts, education, health care and other purposes. In fourth position are Nike founders Phil and Penelope Knights, who have donated to a variety of causes, including the Knight Foundation, $ 1.4 billion..
Jack Dorsey, co-founder of Twitter, also entered the Top 5 largest donors to help fight the pandemic and racial inequality. Dorsey donated $ 1.1 billion to the foundation, which by the end of 2020 has allocated at least $ 330 million to more than a hundred non-profit organizations.
Overall, the top 50 donors donated $ 24.7 billion to a variety of causes last year, far more than $ 15.8 billion spent by philanthropists in 2019..
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