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The American billionaire gives money to the needy just like that: how to get it

'27.05.2020'

ForumDaily New York

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Billionaire Jack Dorsey, CEO of Twitter and Square’s payment application, donated $ 10 million to a group called Project 100, which in turn will give $ 1000 in cash to 10 families in the United States affected by the COVID-000 pandemic. Writes about it Forbes.

Photo: Shutterstock

Project 100 is a joint venture between GiveDirectly, Propel and Stand for Children non-profit organizations. For help, you need to download the app Fresh EBT and take a survey in it. Money recipients are randomly selected.

“The funds were transferred to me within minutes of completing the survey through the Fresh EBT app,” said Josette Denis, a mother of six who lives in the Bronx, New York, who received a $ 1000 gift.

application Fresh EBT was developed by Propel to help people track SNAP food stamp balances through their mobile phones.

Since April 2010, Project 100 has raised $ 84 million, including a gift from Dorsey. The company's goal is to raise $ 100 million to give cash gifts to 100 American families. Other donors to Project 000 include former presidential candidate Andrew Young, billionaire Lynn Schusterman and Blue Meridian Partners, a non-profit group donated by billionaires Steve Ballmer, Bill Gates, Sergey Brin and Mackenzie Bezos.

On the subject: Food Banks in New York: Where to Find the Closest and How to Become a Donor

A wave of charity from Dorsey began in April when he transferred $ 1 billion to a limited liability company called #startsmall. He announced that #startsmall will become his charity platform, and that he will track all donations. Dorsey's gift for Project 100 was made on May 15, 2020. Since April, the billionaire has donated $ 85 million to more than 50 non-profit organizations.

On May 21, Dorsey also allocated $ 5 million to Humanity Forward, a nonprofit organization founded by Andrew Young that donated $ 250 million to families affected by the pandemic.

Dorsey owns shares on Twitter and Square, while Forbes currently estimates his net worth at $ 4,8 billion.

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