Marin County, Calif., supervisors allocated $400,000 to participate in a universal basic income experiment.
The foundation plans to spend $3 million to give $1,000 a month to 125 low-income women for 24 months.
"We're starting with those moms with the greatest aggregate of challenges," foundation official says.
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Teju Ravilochan co-founded the Unreasonable Institute in 2009 to design an academy to tackle poverty, social justice, and educational voids. It’s a social-good school for traditional and nonprofit companies to learn how to speed-up, find partners, and help fund their world-changing ideas.