Healthy Beginnings project
We are excited about the launch of our latest guaranteed income pilot – the Healthy Beginnings Project. This project was recently featured in an article in Fast Company https://www.fastcompany.com/90993908/why-this-denver-company-is-giving-750-a-month-to-pregnant-women).
While most guaranteed income pilots are financed by governments or nonprofits, a new Denver-based program is the first to be funded entirely by a private company.This week, 20 participants received their first of 15 monthly checks of $750 via debit card. The recipients are all pregnant women in the Cortez or Denver area, in their second or third trimesters, and experiencing economic hardship.The program was the brainchild of Katherine Gold, CEO of Goldbug, an infant clothing distributor in Denver….She worked with the nonprofit Impact Charitable to design and implement the guaranteed income program. “I make children’s products,” Gold says. “You want to have people around you who actually know what they’re doing.” Impact Charitable has run a dozen direct cash assistance programs, having distributed $38 million to 25,000 people.