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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According to a Private Capital, Public Good report recently released at the White House from a group of A-list impact investing and social enterprise specialists, the U.S. government can do a lot to spur the growth among the impact investing and social enterprise sectors.