Algorithm helps find world’s poorest people to send them cash directly
GiveDirectly and UC Berkeley designed an algorithm that uses AI to identify the poorest individuals in the poorest areas in order to provide them with cash relief.
Philanthropy
Pittsburgh launches ‘guaranteed income’ program with Jack Dorsey donation
Pittsburgh Mayor Bill Peduto announced that his city is now joining 15 other American cities in a program receiving funding from Twitter CEO Jack Dorsey, in which eligible residents will receive $500 in monthly “guaranteed income.”
The money used to start the program will come from funds Dorsey gave that is allowing Pittsburgh and 15 other cities to help those who are struggling during the economic crisis brought about by the coronavirus pandemic.
‘Rice ATMs’ provide free rice for people out of work in Vietnam due to COVID-19
For these people who are suddenly without income, businessmen and donors have set up machines that dispense free rice at several cities across Vietnam.
Jeff Bezos commits $10 billion to address climate change
The effort will fund scientists, activists and nongovernmental organizations, he said in a post on Instagram. Mr. Bezos, who has been pushed by Amazon employees on climate issues, said he expected to start issuing grants this summer.
Michael Bloomberg launches $500 million campaign to end coal
UN Secretary-General’s Special Envoy for Climate Action Michael Bloomberg has announced Beyond Carbon campaign to close the United States’ fleet of coal plants and halt new gas plants.
LeBron James opens first-of-its-kind “I Promise” public school in Akron
“We are letting people know it is about true wrap-around support, true family integration and true compassion.”
Bloomberg pledges $64M for anti-coal initiatives
Billionaire philanthropist Michael Bloomberg is making a new $64 million commitment to environmental groups’ efforts to shut down coal-fired power plants and replace them with cleaner forms of electricity generation.
Google to give $1 billion to nonprofits and help Americans get jobs in the new economy
Google will make grants in its three core areas: education, economic opportunity and inclusion. Already in the last few months, it has handed out $100 million of the $1 billion to nonprofits.
HP commits to enhancing education for more than 100 million people by 2025
HP commits over $20 million in technology, training, R&D and funding contributions to enable better learning outcomes for more than 100 million people between 2015-2025
Warren Buffet’s family pledges $90 million for young women of color, using “listen, don’t tell” approach
The money will be deployed via three streams to tackle the different issues facing women of color in distinct ways.