Twitter’s Co-Founder Is Giving on a Grand Scale

Twitter’s Co-Founder Is Giving on a Grand Scale

NONPROFIT NEWS FROM ELSEWHERE

Promising results from Stockton, Calif.’s experiment with guaranteed basic income has other mayors seeking a nationwide program. For 18 months, 125 random households in Stockton received $500 each month, funded by Facebook co-founder Chris Hughes’s Economic Security Project and other donors. Recipients spent most of the money on utility and food bills. Now about two dozen mayors across the country are asking for a national guaranteed-income program. ( Wall Street Journal — subscription)

As it winds down, a Massachusetts fund set up three years ago for hurricane relief in Puerto Rico has underscored three aspects […]

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.