{"id":20854,"date":"2022-11-15T16:34:44","date_gmt":"2022-11-15T16:34:44","guid":{"rendered":"https:\/\/uaaglobal.com\/new-report-giving-big-the-impact-of-large-unrestricted-gifts-on-nonprofits\/"},"modified":"2022-11-15T16:34:44","modified_gmt":"2022-11-15T16:34:44","slug":"new-report-giving-big-the-impact-of-large-unrestricted-gifts-on-nonprofits","status":"publish","type":"post","link":"https:\/\/uaaglobal.com\/new-report-giving-big-the-impact-of-large-unrestricted-gifts-on-nonprofits\/","title":{"rendered":"New Report: Giving Big: The Impact of Large, Unrestricted Gifts on Nonprofits"},"content":{"rendered":"<div class=\"col-md-12 panel-display mccoppin clearfix \">\n<div class=\"container-fluid\">\n<div class=\"row\">\n<div class=\"col-md-12 radix-layouts-column2 panel-panel\">\n<div class=\"panel-panel-inner content\">\n<div class=\"field field--name-dynamic-token-fieldnode-gia-submitted-by field--type-ds field--label-hidden field--item\">\n<div class=\"field--name-node-submitted-by\">Submitted by <a href=\"https:\/\/www.giarts.org\/blog\/Jaime%20Sharp\">Jaime Sharp<\/a> on November 15, 2022<\/div>\n<\/div>\n<div class=\"field field--name-dynamic-token-fieldnode-body field--type-ds field--label-hidden field--item\">\n<p>From the Center for Effective Philanthropy: &#8220;In late July 2020, MacKenzie Scott shocked the philanthropic and nonprofit worlds with the announcement that she had given $1.7 billion to 116 nonprofit organizations. The gifts came in the form of massive, unrestricted grants, with a significant proportion targeted to organizations focused on issues of equity, and were made with no restrictions \u2013 only an expectation of an annual three-page letter back to the donor for the three years following their receipt.&#8221;<\/p>\n<p><!--break--><\/p>\n<p>\n&#8220;Since then, she has continued the approach, giving nearly $13 billion as of spring 2022.3 To put that in context, the Bill &amp; Melinda Gates Foundation made $6.7 billion in grants in 2021.4 Scott\u2019s grants are frequently the largest ever given to recipient organizations and are made without a formal proposal or application process.&#8221;<\/p>\n<p>&#8220;Often, recipient organizations received word of the grant out of the blue. In other cases, organizations were asked to meet with consultants who represented the donor to answer some vetting questions before a grant was made. Scott\u2019s giving has been influenced by advisors at her family office, Lost Horse LLC, and by consultants at The Bridgespan Group, a nonprofit management consulting firm, and channeled through donor-advised funds (DAFs) at institutions including Fidelity Charitable, the National Philanthropic Trust, and community foundations.&#8221;<\/p>\n<p><a href=\"https:\/\/cep.org\/report-backpacks\/giving-big-year-one\/?section=intro#intro\">Read the full report here.<\/a><\/p>\n<\/div><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p><!-- \/.mccoppin --><\/p>","protected":false},"excerpt":{"rendered":"<p>Submitted by Jaime Sharp on November 15, 2022 From the Center for Effective Philanthropy: &#8220;In late July 2020, MacKenzie Scott shocked the philanthropic and nonprofit worlds with the announcement that she had given $1.7 billion to 116 nonprofit organizations. The gifts came in the form of massive, unrestricted grants, with a significant proportion targeted to [&hellip;]<\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_vp_format_video_url":"","_vp_image_focal_point":[],"footnotes":""},"categories":[1],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v23.8 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>New Report: Giving Big: The Impact of Large, Unrestricted Gifts on Nonprofits - United Arts Agency | UAA<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/uaaglobal.com\/new-report-giving-big-the-impact-of-large-unrestricted-gifts-on-nonprofits\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"New Report: Giving Big: The Impact of Large, Unrestricted Gifts on Nonprofits - United Arts Agency | UAA\" \/>\n<meta property=\"og:description\" content=\"Submitted by Jaime Sharp on November 15, 2022 From the Center for Effective Philanthropy: &#8220;In late July 2020, MacKenzie Scott shocked the philanthropic and nonprofit worlds with the announcement that she had given $1.7 billion to 116 nonprofit organizations. 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