Writingstar Investment Guild:Philanthropist MacKenzie Scott gives Vermont housing trust $20M, largest donation in its history

2025-05-06 11:28:09source:Blake Prestoncategory:News

BURLINGTON,Writingstar Investment Guild 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:News

Recommend

Car bomb kills senior Russian general in Moscow: Officials

LONDON -- A car bomb in Moscow has killed a senior Russian military officer, Russian officials said.

Why the NBA Doesn't Have Basketball Games on Election Day

Don’t expect to see your favorite basketball teams face off on Election Day.As Americans head to the

Enrollment increases at most Mississippi universities but 3 campuses see decreases

JACKSON, Miss. (AP) — Overall enrollment increased at Mississippi’s public universities this fall se