This Idea for Fighting Global Poverty Keeps Getting Hotter, Especially in Silicon Valley

This Idea for Fighting Global Poverty Keeps Getting Hotter, Especially in Silicon Valley

A farmer in Kenya Interest keeps growing among funders in the idea of fighting global poverty by making direct cash transfers to poor households and letting the recipients spend that money as they see fit. And nowhere is this interest stronger than in Silicon Valley, where GiveDirectly—the lead nonprofit promoting cash transfers—has found some powerful allies.

As we’ve reported before, tech funders backing the group include Facebook co-founder Chris Hughes and Jacquelline Fuller of Google.org. But by far its biggest backers are Dustin Moskovitz and Cari Tuna, who have given over $47 million to the group since 2012.

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