Overview
The DIV Fund, a nonprofit formed from a division of USAID, has raised $48 million from private donors to continue its international development work after cuts from the Trump administration. The fund aims to grant $25 million annually, focusing on affordable and efficient interventions. Key investors include Coefficient Giving, which previously provided a $45 million grant. The DIV Fund plans to collaborate with major donors like the World Bank to enhance the effectiveness of foreign assistance.
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Investors: Coefficient Giving
The DIV Fund, a nonprofit formed from a division of USAID, has raised $48 million from private donors to continue its international development work after cuts from the Trump administration. The fund aims to grant $25 million annually, focusing on affordable and efficient interventions. Key investors include Coefficient Giving, which previously provided a $45 million grant. The DIV Fund plans to collaborate with major donors like the World Bank to enhance the effectiveness of foreign assistance.