MacKenzie Scott continues her philanthropy mission by launching a $250 million “open call” for community-focused nonprofits. The billionaire is looking to provide funding for organizations with a positive impact.

According to The Associated Press, Scott’s Yield Giving organization “plans to make unrestricted $1 million donations to 250 nonprofits selected in the process.” Her goal with the funding is to create a “new pathway to support for organizations making positive change in their communities.”

Yield Giving released a statement regarding the initiative. It mentions why Scott felt it was essential to give to those on the “front lines.”

“Teams on the front lines of challenges have insights no one else can offer. So there are the big headlines here in my heart: Community changemakers can nominate themselves. Community changemakers get feedback from their peers. Community changemakers have a powerful role in funding decisions.”

Nonprofits looking to apply have to meet specific financial requirements for consideration. The nonprofits “must have annual operating budgets larger than $1 million but less than $5 million for at least two of the past five years.”

This open call for nonprofit funding is a new initiative the organization offers. The outlet shared that, historically, Scott and her team used to personally contact organizations of interest to them.

mackenzie scott

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