Current:Home > FinancePhilanthropist MacKenzie Scott gives Vermont housing trust $20M, largest donation in its history-DB Wealth Institute B2 Expert Reviews
Philanthropist MacKenzie Scott gives Vermont housing trust $20M, largest donation in its history
View Date:2024-12-23 21:20:15
BURLINGTON, Vt. (AP) — A housing trust in Vermont has received $20 million — the largest donation in its history — from billionaire philanthropist MacKenzie Scott.
Representatives for Champlain Housing Trust said Wednesday that Scott made the donation through her fund, Yield Giving. Scott, one of the richest women in the world and the ex-wife of Amazon founder Jeff Bezos,. has given more than $14 billion to hundreds of charities over the last three years.
The trust, which has existed for almost four decades, said it will use the money to further its mission of developing affordable homes in northwestern Vermont.
Champlain Housing Trust chief executive officer Michael Monte said the donation reflects Scott’s confidence in the trust’s “efforts to address the region’s housing crisis, the work we do in supporting people in need, and the track record of serving our communities over the last 40 years.”
veryGood! (3)
Related
- Florida education officials report hundreds of books pulled from school libraries
- Family of woman killed in alligator attack sues housing company alleging negligence
- Bachelor Nation's Amanda Stanton Gives Birth to Baby No. 3
- Dominican judge orders conditional release of US rapper Tekashi 6ix9ine in domestic violence case
- Olivia Munn Randomly Drug Tests John Mulaney After Mini-Intervention
- Gaza’s Health Ministry blames Israeli troops for deadly shooting as crowd waited for aid
- Trump accuses DA Fani Willis of inappropriately injecting race into Georgia election case
- What you should know if you’re about to fly on a Boeing Max 9
- In an AP interview, the next Los Angeles DA says he’ll go after low-level nonviolent crimes
- Former elected official held in Vegas journalist’s killing has new lawyer, wants to go to trial
Ranking
- Suspect arrested after deadly Tuskegee University homecoming shooting
- Father accused of trying to date his daughter, charged in shooting of her plus 3 more
- Pregnant Sofia Richie Reveals Sex of First Baby With Husband Elliot Grainge
- New coach Jim Harbaugh will have the Chargers in a Super Bowl sooner than you think
- NY forest ranger dies fighting fires as air quality warnings are issued in New York and New Jersey
- Deputies didn't detain Lewiston shooter despite prior warnings. Sheriff now defends them.
- Pawn Stars Host Rick Harrison’s Son Adam’s Cause of Death Revealed
- Media workers strike to protest layoffs at New York Daily News, Forbes and Condé Nast
Recommendation
-
Round 2 in the Trump-vs-Mexico matchup looks ominous for Mexico
-
Mislabeled cookies containing peanuts sold in Connecticut recalled after death of New York woman
-
A Pennsylvania law shields teacher misconduct complaints. A judge ruled that’s unconstitutional
-
Four Las Vegas high school students plead not guilty to murder in deadly beating of schoolmate
-
About Charles Hanover
-
Australians protest British colonization on a national holiday some mark as ‘Invasion Day’
-
T.J. Holmes opens up about being seen as ‘a Black man beating up on' Amy Robach on podcast
-
Crystal Hefner Admits She Never Was in Love With Hugh Hefner