Melinda French Gates and MacKenzie Scott team up to give $40 million to support women
New York (CNN Business)In a powerful philanthropic pairing, Melinda French Gates and MacKenzie Scott have teamed up to direct $40 million to advancing the power and influence of American women over the next decade.
The donation is being awarded to winners of the Equality Can't Wait Challenge, a competition hosted by French Gates' investment firm Pivotal Ventures, with financial support from Scott and her husband, Dan Jewett, as well as from the Charles and Lynn Schusterman Family Philanthropies. The challenge billed itself as "the first competition centered on gender and equality in the U.S. with an award of this magnitude and ... an opportunity to invest in and empower women leaders."
