About The Foundation
About The Foundation
Yield Giving was established by MacKenzie Scott to share a financial fortune created through the effort of countless people, Yield is named after a belief in adding value by giving up control.
Our network of staff and advisors has yielded over $26,000,000,000 in 2,700+ gifts to non-profit teams to use as they see fit for the benefit of others.
There are lots of resources each of us can pull from our safes to share with others. And something greater rises up every time we give."
“Do not hoard what seems good for a later place in the book, or for another book… The impulse to save something good for a better place later is the signal to spend it now. Something more will arise for later, something better… Anything you do not give freely and abundantly becomes lost to you. You open your safe and find ashes.”
MacKenzie Scott.
We support young people by:
Giving bursaries which enable young people to attend University and gain a good quality degree;
Giving bursaries to young people to enable them to undergo further education, including apprenticeships;
Giving grants to schools to improve facilities for learning, particularly in STEM subjects;
Making grants to charities and organisations which give young people from the most disadvantaged backgrounds a chance to make a forward step in life.
We support older people by:
Supporting befriending and other services aimed at reducing loneliness and isolation in older people
Supporting community transport projects, especially those which help older people access other services such as health care appointments
Supporting exercise and health promotion projects
Supporting hospice and end of life care
Giving grants for supporting older people to access technology, especially where this helps older people to access state benefits.
We plan to:
- Offer Personal Grants
- Business expansion Grants
- Offer student bursaries/grants to all schools.
- Extend our apprenticeship and similar schemes beyond traditional trades and into nursing, care, sports coaching and administration.
- Support Hospices to improve their facilities to improve access and services.
- Extend our support to young people taking degrees or postgraduate diplomas in education to encourage them.
- Invest in residential/nursing care.
How it all began
May 25, 2019
Thinking about the Giving Pledge, my mind kept searching its folds for a passage I once read about writing, something about not saving our best ideas for later chapters, about using them now.
I found it this morning on a shelf of my books from college, toward the end of Annie Dillard’s The Writing Life. It was underlined and starred like all of the words that have inspired me most over the years, words that felt true in context, and also true in life:
“Do not hoard what seems good for a later place in the book, or for another book… The impulse to save something good for a better place later is the signal to spend it now. Something more will arise for later, something better… Anything you do not give freely and abundantly becomes lost to you. You open your safe and find ashes.”
I have no doubt that tremendous value comes when people act quickly on the impulse to give. No drive has more positive ripple effects than the desire to be of service. There are lots of resources each of us can pull from our safes to share with others — time, attention, knowledge, patience, creativity, talent, effort, humor, compassion. And sure enough, something greater rises up every time we give:
