Devin Grosvenor|Philanthropist MacKenzie Scott gives Vermont housing trust $20M, largest donation in its history

2025-04-29 06:02:41source:CapitalVaultcategory:My

BURLINGTON,Devin Grosvenor 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.”

More:My

Recommend

At site of suspected mass killings, Syrians recall horrors, hope for answers

DAMASCUS — A hip bone in a blown-out building, part of a spine amid some debris, a few foot bones in

Self-exiled Chinese billionaire Guo Wengui convicted of defrauding followers after fleeing to US

NEW YORK (AP) — Guo Wengui, a self-exiled Chinese business tycoon whose criticism of the Communist P

Green Bay father, daughter found dead after running out of water on hike: How to stay safe

A father and daughter died on Friday during a hike at Canyonlands National Park in Utah, after getti