Jeff Bezos’ ex-wife MacKenzie Scott, who sold half of her Amazon stake, helped erase $40 billion in medical debt with $100 million in donations

MacKenzie Scott's remarkable contributions have enabled Undue Medical Debt to eliminate billions in medical debt. This nonprofit efficiently purchases debt for mere pennies, allowing every ten dollars donated to wipe out around a thousand dollars in obligations. While other affluent philanthropists have embraced this model, sustainable solutions will require deeper systemic changes to address the root causes of medical debt effectively.

from News-Economic Times https://ift.tt/Ut637Ch
via IFTTT

Comments

Popular posts from this blog

Zach Bryan ‘With Heaven On Tour’: Country singer to embark on international tour across Europe and North America in 2026; check tour dates and venues as presale registration begins soon

Oktoberfest 2025 begins this weekend: Dates, location, timings, tickets price, packages and all details

Peace clause invoked 6th time to offer rice subsidies