Foundation provides additional $250,000 to Stockton basic income program

STOCKTON — A $1 million “basic income” experiment in Stockton has received an additional $250,000 contribution, Mayor Michael Tubbs’ office announced Thursday afternoon.

The Goldhirsh Foundation announced it will match up to $250,000 in donations to Stockton’s recently revealed basic income program, which has been dubbed the Stockton Economic Empowerment Demonstration (SEED). Another organization, the Economic Security Project, announced the original $1 million grant to start the SEED program one month ago. Details of how SEED will operate are still to be ironed out, but the basic income experiment’s purpose is to assess the social benefits of providing a guaranteed […]

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