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MacKenzie Scott gave Native Forward $50 mn; organisation reveals how it will spend it

Source: Times of India
Category: Technology
Region: General
Published: August 07, 2026 at 12:17

πŸ“ Summary

Native Forward Scholars Fund has revealed how it will use the entire $50 million unrestricted donation from philanthropist MacKenzie Scott. The organisation will spend $10 million over the next five years to expand scholarships for Native students, while placing the remaining $40 million into a permanent endowment to provide long-term support. The gift, the largest in the organisation's 57-year history, comes as demand for financial aid continues to rise, with scholars facing an average unmet need of $26,000. Native Forward says the funding will help both current students and future generations pursue higher education.

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🏷️ Keywords:
native forward organisation million mackenzie scott spend scholars students

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