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Early this year, Donovan formed the Denver Basic Income Project, which will provide 520 people experiencing homelessness in the city with cash, no strings attached. Donovan has already anted up $500,000 of his own money for the project, which he hopes to launch in partnership with the University of Denver in September. Since the total price tag will be an estimated $6 million, he's also fundraising and says he has gotten sizable commitments from foundations and individual donors. The recipients will be split into two groups: one cohort of 260 individuals receiving $1,000 a month for twelve mo...

Mark Ralston/AFP via Getty Images This story is part of a group of stories called Finding the best ways to do good. Ray is a 55-year-old man in Vancouver, Canada. He used to live in an emergency homeless shelter. But over the past couple years, he’s been able to pay for a place to live and courses to prepare him for his dream job — in part because he participated in a study called the New Leaf Project. The study, conducted by the charity Foundations for Social Change in partnership with the University of British Columbia, was fairly simple. It identified 50 people in the Vancouv...

How a single infusion of cash can produce dramatic long-term improvements in people’s lives. David Byrne 15 Jan 2021 | Reasons to Be Cheerful David Byrne is a writer, musician, filmmaker and founder of Reasons to Be Cheerful, where this article originally appeared. SHARES A cash gift — with supports and opportunities — can help people change the course of their lives. Illustration by David Byrne. A number of recent initiatives have shown that a one-time gift of money to poor or homeless folks often allows them to permanently and meaningfully improve their ...

Ray was among 50 people experiencing homelessness in Vancouver, British Columbia selected in 2018 to receive a lump sum of cash deposited into their personal bank accounts — no strings attached. The gift (about USD$5,800) was part of a pilot project, the first of its kind, and the early results are so impressive that cities across Canada and the U.S. are looking to try it themselves. For Ray, everything hit at once. After a 37-year-long career of heavy lifting in the warehouse and construction industries, his body was failing him. In 2017, he was laid off and had to chase his employer for ...