'Pivotal moment': MacKenzie Scott makes $38M donation to Alabama HBCU

[BumRushDaShow]

3. She has already given away more than half ($19 billion) of that so far

MacKenzie Scott’s latest $60 million donation is a sign philanthropists are trying to fill the void from Trump’s cuts to FEMA

By Sydney Lake Associate Editor

October 29, 2025 at 12:34 PM EDT


Billionaire philanthropist MacKenzie Scott is once again giving away millions. On Tuesday, the Center for Disaster Philanthropy (CDP) announced it had received a $60 million gift from Scott and her organization, Yield Giving, which has donated more than $19 billion to thousands of organizations.

The gift to CDP, which supports recovery from natural disasters in struggling communities lacking in resources, comes on the heels of the Trump administration’s cuts to the Federal Emergency Management Agency (FEMA)—an organization Americans rely on for help during and after hurricanes, wildfires, tornadoes, and floods.

“All sectors of society—public, private, and social—share responsibility for helping communities thrive after a disaster,” CDP president and CEO Patricia McIlreavy told Fortune. “Philanthropy plays a critical role in providing communities with resources to rebuild stronger, but it cannot—and should not—replace government and its essential responsibilities.”

The Trump administration has canceled or suspended key disaster mitigation grant programs, reduced federal disaster spending, shifting more financial and operational responsibility to state and local governments. For example, the administration ended the Building Resilient Infrastructure and Communities (BRIC) grant program, which had promised billions of dollars to help state and local governments reduce disaster risk. President Donald Trump has also suggested FEMA could eventually be dismantled or drastically reduced.

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(am going to OP this one)