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MacKenzie Scott’s $42M Gift and the Power of Purposeful Capital

At a time when DEI initiatives are under attack, MacKenzie Scott continues to prove that targeted, equity-driven philanthropy can be both bold and transformative. As reported by Black Enterprise ( https://www.blackenterprise.com/mackenzie-scotts-42m-gift-shows-her-tenacity-to-supporting-black-students-despite-anti-dei-efforts/ ) , Scott’s $42 million donation to 10,000 Degrees, a nonprofit helping low-income and minority students attend college, is the largest in the organization’s history. It arrives amid a nationwide rollback of diversity programs—making her gift a powerful counterstatement. Scott’s approach—unrestricted, trust-based giving focused on racial equity—mirrors the Creative Investment Research principles of impact investing. It channels capital in a counter-cyclical manner to places where traditional markets and policies have failed: in this case, toward high social return investing....by expanding educational opportunity for Black and Latino students. In a climate of ret...