Four Takeaways from MacKenzie Scott's 2024 End-of-Year Essay.
Scott moves her money through a Seattle-based LLC called Lost Horse.
The big open question moving forward is to what extent forthcoming support for for-profits complements or potentially gets in the way of giving to nonprofits.
Scott has yet to articulate why she opted for the LLC structure, as the Omidyar Network notes.
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Melbourne social enterprise Who Gives A Crap sold nearly 3 million rolls of toilet paper in 2014/15 and gave half the proceeds to WaterAid Australia, but co-founder Simon Griffiths says the donation would have been less had the startup adopted a non-profit model when it launched two years ago.