Bottom Line Receives $15 Million Grant from Philanthropist MacKenzie

Boston-based Bottom Line has announced a $15 million grant from philanthropist MacKenzie Scott in support of its mission to advance educational equity.

Bottom Line works to eradicate the gaps in degree attainment rates by income level and increase racial equity and economic mobility for students of color by providing students with individual support through college, graduation, and the launch of their careers. The gift will enable the organization to accelerate the implementation of its strategic plan and scale its program to increase the number of students in the Massachusetts, New York, and Chicago areas it serves while adding Ohio and two other geographic regions.

“We are honored to receive this significant gift from MacKenzie Scott, whose vision and generosity in philanthropy are unparalleled,” said Bottom Line CEO Steven Colón. “The grant is a highly significant acknowledgment of the proven impact of our work and allows for expansion of our model. By scaling up, we can shift the status quo and change the trajectory of racial equity in degree attainment and the economic gains that follow.”