Jack dorsey has been busy recently. Its mandate is that Twitter and Square employees can work from home forever. He donated a large amount to various coronavirus relief programs. The latest is a $ 10 million donation to Project 100. This group will take the $ 10 million from Dorsey and donate $ 1,000 in cash to 10,000 families affected by the pandemic. Project 100 is a joint effort of GiveDirectly, Propel and Stand for Children. In particular, GiveDirectly has been making cash donations to really poor families in Kenya and Uganda for about seven years.
In the United States, a recipient of GiveDirectly funds in New York said that the funds were transferred to her within minutes of completing an application. Since April, Project 100 has raised $ 84 million, including the $ 10 million donation from Dorsey. The goal is to raise $ 100 million so that 100,000 cash donations can be made to American families. Andrew Yang also contributes to this cause.
As mentioned above, Dorsey has been making regular donations since April, when he transferred $ 1 billion from his Square shares to a company called #startsmall, his charitable division. He said he would track all donations in a public Google document. Dorsey also says that her charity arm will focus primarily on COVID-19 relief, universal basic income, and women’s health and education. Dorsey’s donation to Project 100 was made on May 15. Dorsey has committed $ 85 million of its #startsmall funds to more than 50 charities since April.
Dorsey also recently teamed up with Rihanna to donate $ 4.2 million to victims of domestic violence in Los Angeles. The money will go to the Mayor of Los Angeles Fund and provide “10 weeks of support for victims of domestic violence, including shelter, meals and counseling for individuals and their children,” the website advertisement said. from the Clara Lionel de Rihanna Foundation.
Dorsey also donated $ 5 million in May to Humanity Forward, a non-profit organization of Andrew Yang, which donates cash of $ 250 to 20,000 families economically affected by the coronavirus. Dorsey supported Yang for the president and was, in fact, the first billionaire to support his campaign.
We are happy to see Dorsey, who has a net worth of $ 3 billion, dive into the game of philanthropy. Dorsey announced #startsmall in a tweet in 2015, and for years it seemed to do nothing. And let’s not forget that Dorsey is by nature too shared. Browse his Twitter feed and you will learn that he likes infrared saunas, that he did a 10-day silent meditation retreat at a monastery in Myanmar and that he tracked his heart rate while meditating.
In 2015, Dorsey wrote:
“I believe so much in this company’s potential to generate a positive impact in my life that, in the past two years, I have donated more than 15 million shares, or 20% of my own equity, at Square and the Start Small Foundation, a new organization that I created to invest significantly in the people who inspire us: artists, musicians and local businesses, with a particular focus on underserved communities around the world. “