‘Wanted to Cry for Joy’: MacKenzie Scott Donates $65M Gift to Housing Nonprofit

Billionaire philanthropist MacKenzie Scott, 54, donated $65 million to Enterprise Community Partners last month, a national nonprofit based in Maryland that aims to address the U.S.’s shortage of affordable housing.

The surprise donation left the organization shocked, reps said in a statement.

“Some of us probably wanted to cry for joy,” Janine Lind, president of Enterprise’s community development division, told the Baltimore Banner. “This came at a moment where the affordable housing sector certainly is being put to test and is struggling.”

Related: Girl Scouts of the USA Receives Largest Single Donation in Over 100 Years, Thanks to Mackenzie Scott

It’s Scott’s second gift to the 42-year-old organization—the first was $50 million

→ Continue reading at Entrepreneur

More from author

Related posts

Advertisment

Latest posts

These Predatory Marketing Tactics Could Be Your Company’s Biggest Threat

Opinions expressed by Entrepreneur contributors are their own. Most of us in business know enough about building SEO to get by or...

Trump meeting with TikTok CEO at Mar-a-Lago as company asks Supreme Court to intervene in fight over federal ban | CNN Business

CNN  —  President-elect Donald Trump met with the head of TikTok at his Mar-a-Lago club Monday afternoon, a...

Emboldened by ABC settlement, Trump threatens more lawsuits against the press | CNN Business

New York CNN  —  President-elect Donald Trump had not been terribly successful in suing media organizations until this weekend...