22
Jul
2022
Why Billionaires Like MacKenzie Scott And Jack Dorsey Are Donating Millions To This Nonprofit That Gives Cash To The Poor
Forbes
Flipping traditional aid schemes on their head, GiveDirectly has been handing out cash grants—with no strings attached—for more than a decade. In 2020, it became the fastest-growing nonprofit in the world.
Sitting on a wooden bench in a remote village in Rwanda, a 47-year-old woman named Esther, a mother of three, explains how she’ll spend more than 850,000 Rwandan francs. It’s a life-changing sum—roughly $850, equivalent to more than a year’s wages—in the form of a grant paid out over two months from New York-based nonprofit GiveDirectly.