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Twitter billionaire Jack Dorsey gives U.S. mayors $15 million to fund basic income

Summary
Tech darling Jack Dorsey donated $15 million in seed funding to a pilot program for universal basic income.
Published 2 years ago · S F, United States

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Yahoo NewsYahoo News

Twitter billionaire Jack Dorsey just donated $15 million to fund basic-income pilot projects in at least 9 US cities

Dorsey's investment will help cities like Pittsburgh and Los Angeles launch their basic-income programs.

2 years ago·Los Angeles, United States
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BBC NewsBBC News

Twitter boss Jack Dorsey donates $15m for income support

Jack Dorsey's support for universal basic income programmes comes as US government aid has faltered.

2 years ago·United Kingdom
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CNNCNN

Twitter CEO Jack Dorsey donated $15 million to help fund program for guaranteed income to residents in need

While the economic crisis brought on by the pandemic has ravaged communities around the world, the concept of a guaranteed basic income has become increasingly more attractive to many, including Twitter CEO Jack Dorsey.

2 years ago·Atlanta, United States
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The Washington PostThe Washington Post

Cities ramp up efforts to send direct checks to residents after $15 million donation from Twitter CEO

More than two dozen cities across the U.S. are ramping up their efforts to send monthly assistance checks to some of their residents, expanding a nationwide experiment to see if “universal basic income” can help local families meet their financial needs and weather the worst economic downturn since the Great Depression.

2 years ago·Washington, United States
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CNBCCNBC

Twitter CEO Jack Dorsey donates $15 million to help cities provide guaranteed income to their residents

As Washington, D.C., lawmakers continue to negotiate over more coronavirus relief, one group of mayors is working to help their residents on a local level.

2 years ago·United States
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KRDOKRDO

Twitter CEO Jack Dorsey donated $15 million to help fund program for guaranteed income to residents in need

While the economic crisis brought on by the pandemic has ravaged communities around the world, the concept of a guaranteed basic income has become increasingly more attractive to many, including Twitter CEO Jack Dorsey.Dorsey is using his wealth to further that idea by donating $15 million to help fund a pilot program by the organization Mayors for a Guaranteed Income (MGI). The $15 million is in addition to $3 million Dorsey previously donated …

2 years ago·Colorado Springs, United States
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