Community Engagement Associate, GiveDirectly
$68-78.2k
Sending money directly to people living in poverty
Job no longer available
Sending money directly to people living in poverty
501-1000 employees
Job no longer available
$68-78.2k
501-1000 employees
Company mission
GiveDirectly's mission is to reshape international giving - and millions of lives - by allowing donors to provide capital grants directly to the world’s poorest.
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Company mission
GiveDirectly's mission is to reshape international giving - and millions of lives - by allowing donors to provide capital grants directly to the world’s poorest.
Our take
GiveDirectly is a non-profit organisation that specialises in giving direct cash transfers to low-income people, without strings attached. When the founder announced the idea in 2009, it was pretty radical at the time with many experts arguing the money would be misspent. However, 10 years later, there is now considerable evidence showing that cash improves the life of poor people more than equivalent spending on aid programs or goods.
GiveDirectly is known for its use of modern technology and rigorous scientific methods to document its impact. Notably, GiveDirectly was early to accept donations in cryptocurrency. The charity’s latest innovation is harnessing an algorithm, designed by UC Berkeley, that uses artificial intelligence to identify the poorest individuals in the poorest areas, and transfer cash relief directly to them.
In 2021, GiveDirectly announced they had sent $1000 to more than 178,000 US households in need during the Pandemic. It is estimated that 98-99 cents of every dollar donated goes directly to giving, with the company needing little for overhead.
Kirsty
Company Specialist at Welcome to the Jungle
Funding (1 round)
Mar 2018
$1m
GRANT
Total funding: $1m
Leadership
Michael Faye
(President)Has worked on international development for the last 20 years and holds a PhD in Economics from Harvard University. Co-founded two other businesses to transfer money into the emerging markets - Segovia and Taptap.