Monday, August 3, 2020

Andrew Yang's nonprofit is partnering with the $1K Project to bring $1,000 direct monthly payments to struggling US families

Andrew YangHollis Johnson/Business Insider

  • Andrew Yang's nonprofit, Humanity Forward, is joining with a group called the $1K Project to give payments of $1,000 to struggling families in the US.
  • Yang's nonprofit pledged to match donations to the $1K Project up to $1 million.
  • "If people want to give to a struggling American family, they can do so in this way, and they'll know exactly who's receiving the donation," Yang told Business Insider.
  • The pledge echoes Yang's presidential campaign promise of a $1,000 "freedom dividend" for every US adult, a form of universal basic income.
  • Visit Business Insider's homepage for more stories.

Former Democratic presidential candidate Andrew Yang has pledged to spend up to $1 million as part of a scheme handing out $1,000 monthly payments to American families struggling in the COVID-19 pandemic.

The pledge, announced Monday, echos his campaign promise of a $1,000 monthly "freedom dividend" for every US adult under a Yang presidency.

See the rest of the story at Business Insider

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SEE ALSO: Andrew Yang's nonprofit will give $500 to 20 New Yorkers every month for 5 years in his first big experiment with universal basic income



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