Zero AI:Philanthropist MacKenzie Scott gives Vermont housing trust $20M, largest donation in its history

2025-05-06 05:10:44source:EvoAIcategory:Invest

BURLINGTON,Zero AI 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:Invest

Recommend

Organizers cancel Taylor Swift concerts in Vienna over fears of an attack

VIENNA (AP) — Organizers of three Taylor Swift concerts in Vienna this week called them off on Wedne

Police Search Underway After 40 Monkeys Escape Facility in South Carolina

This is no time for monkeying around.After all, there are monkeys on the loose. Or at least, there a

The surprising way I’m surviving election day? Puppies. Lots of puppies.

WASHINGTON – Election Day is stressful, no matter who you're voting for. But don't fret – I have the