MacKenzie Scott gave $30m to housing nonprofit; a year later, it unveiled 10-year plan
In October 2024, MacKenzie Scott made headlines by donating $30 million to Housing Trust Silicon Valley via her Yield Giving fund. This substantial contribution will support various housing initiatives over the next decade, particularly focusing on enhancing homeownership assistance. Housing Trust has a successful track record, having already developed thousands of affordable homes in the Bay…
In October 2024, MacKenzie Scott, ex-wife of Amazon founder Jeff Bezos and a prominent philanthropist, gifted $30 million to Housing Trust Silicon Valley through her Yield Giving fund. This was the largest individual donation in the nonprofit's history, aimed at expanding affordable housing opportunities across the 14-county Bay Area.
Noni Ramos, CEO of Housing Trust Silicon Valley, stated that the funding would accelerate efforts to create more equitable and affordable communities, with the money available for strengthening loan funds, expanding existing programs, and launching new initiatives. The gift came from MacKenzie Scott's Yield Giving philanthropic fund and marked a significant contribution to the organization's mission.
Written by urgent.news from Times of India's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
