Nearly four years into her massive giving spree, MacKenzie Scott’s fellow philanthropists say they worry that nonprofits, particularly grassroots organizations, won’t be able to handle her unusually large grants — often in the multimillions.
Some funders are worried about sustainability and that Scott grantees could fall off a “financial cliff” once Scott’s major funding boost runs out, said Ellie Buteau, director of research projects at the Center for Effective Philanthropy, a nonprofit that provides philanthropy research and advisory services to donors.
However, those concerns haven’t yet been born out in data tracking the impact of Scott’s giving. Instead, many Scott grantees said her gifts improved their financial stability, according to a CEP report released Tuesday.