As you’re reading this, someone is probably asking MacKenzie Scott for money. Ever since she divorced Jeff Bezos, winning $38.3 billion in the settlement, Scott has given away $14 billion to some 1,600 nonprofits, selecting each one herself with input from advisors. But for her latest round of monster-size charitable giving, she announced an open call for applications to receive $1 million in unrestricted operating gifts from her personal foundation, Yield Giving. Think of it as America’s Next Top Do-Gooder. Of the 6,353 entries received for the peer review process, 250 will be selected early next year.
“Peer review is the most legit process, but now everyone is reading everyone else’s application, and it’s kind of like Squid Game,” says a grant writer for an arts nonprofit. In other words, it’s tough out there for a grant seeker, and also, conversely, for the funders setting the dollar figures. The difference between a yes and a no is a fine line that’s undergoing yet another evolution as more high-net-worth individuals enter the arena. Households with at least $1 million in investments gave an average of $34,917 to charity in 2022, rising 19 percent from $29,269 in 2017, according to this year’s Bank of America Study of Philanthropy. And that’s to say nothing of those much higher up the food chain. “It’s a different landscape. There are a lot of very wealthy people,” says Esther McGowan, director of development at Aperture, who has worked in fundraising for more than two decades. “There wasn’t as much access to billionaires as there is now.”
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Denne historien er fra November 2023-utgaven av Town & Country US.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
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Jersey, JE ΤΙΜΕ
Nearly 50 years ago a museum opened in Paris.
THE HUNGER GAMES
Two former bons amis grew up in the same expensive suburb and cut their teeth together in the Paris nightclub scene. Then they launched competing restaurant empires, and the gloves came off. Now one of them is facing a suspended prison sentence and a huge fine. Welcome to the city's most delicious grudge match.
HIDDEN in Plain Sight
T&C was invited into the private archives and secret workshops of Paris, to glimpse the treasures that have made this city famous for its style and craftsmanship. It's a reputation worth fighting for.
GUARDIAN of Objects
Laura Kugel is the go-to art dealer for the world's most discerning clients, but her family's Paris wonderland is open to all. Come inside, won't you?
Ecole! Elysée! SCANDALE!
The path to the French White House requires a political education at one of the country's elite universities. As controversy swirls around Sciences Po-class treason, #MeToo à la française, creeping le wokisme-will its grip on power finally slip?
Are There Still Mysteries in Paris?
Surely not, in the world's most visited city! And yet: Why is the Louvre called the Louvre? Why do the upper stories of its 17th-century buildings tilt in? Why do even familiar streets feel so enticing, unknown? One thing is clear: So many of us return because the City of Light is really one of mesmerizing shadows.
High SEAS
How seductive is a cruise on an ultraluxury ship (yes, that's a category) like the new Regent Seven Seas Grandeur? So much so that a 132-day sailing sold out in three hours. It was time to investigate.
The Cruise Cure
One definition of bliss at sea is padding down a ship's hallway from your suite to the spa in a robe and slippers. Here's what awaits.
Only a Day to Spare?
These hotel spas-mini-me's of destination, health retreats punch way above their weight. So, if you're in the neighborhood...
So, Where Do You Ride in Paris?
A fancy equestrian's guide to the best of Gallic galloping.