Imagine giving cash to someone in need, with no strings attached. They could do use it however they chose. It may sound odd, but that’s exactly what GiveDirectly, a top‐ranked international charity, does.
Michael Faye is the co‐founder and executive chairman of GiveDirectly.
“If I’m sitting in a room in New York or D.C. or London, it’s going to be a lot harder for me to understand what that recipient or poor person needs than for themselves to know what they need,” Faye explained.
Michael Faye: Giving directlyGiveDirectly Co-Founder Michael Faye talks about donating directly to those in need.
The organization advocates for direct giving to people with the most need. Its research-based model essentially eliminates the middleman by quickly and efficiently transferring funds from donors right into the hands of those who need it most.
“You’re really putting trust into the poor and allowing them to make decisions on their own behalf,” Faye said.
From New York, Michael Faye joined May Lee in our Los Angeles studio to discuss how the organization is changing charity as we know it.