Mark Donovan said he watched people lose jobs and paychecks during the pandemic while the balance in his bank account only rose higher. He started handing out money in Denver.
Donovan, an entrepreneur and founder of the Bali-based Wooden Ships clothing company, wants to go a step further through his newly formed nonprofit, the Denver Basic Income Project.
In a fairly unique move, Donovan wants to give a $6,500 one-time payment to people experiencing homelessness, followed by monthly payments of $500 for a year.He has the blessing of Denver Mayor Michael Hancock, though a spokesman for the mayor said the project […]
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