Ian Magee

Ian Magee

Ian Magee is a managing partner and chief financial officer at New Profit, a venture philanthropy organization advancing equity and opportunity in America. Previously, Ian worked at the Heron Foundation and The University of Chicago, after spending the first half of his career in for-profit finance. He is a native of Northern Ireland and currently lives in New York City.

Development, Data Management

What Should Organizations Do With a Large Unsolicited — and Unrestricted — One-Time Gift?

August 25, 2022 at 3:46 pm

In just three years, MacKenzie Scott has given more than $12 billion in unrestricted funding to hundreds of nonprofit organizations. While Scott’s efforts — and those of like-minded donors — are a welcome development, recipient organizations are left wondering what to do with these transformational gifts.