Mackenzie Scott’s Large, No-Strings-Attached Gifts are Working, Study Finds - Barron's
1. Mackenzie Scott donated $5 million to Goodwill Industries, increasing their revenue. 2. Scott's donations help nonprofits expand, often covering 77% of their budgets. 3. Scott's approach is trust-based, significantly expanding nonprofits’ financial stability. 4. Concerns exist about nonprofits facing a 'financial cliff' after large donations. 5. Goodwill leveraged Scott's funds to attract further donations from other organizations.