Private donors raise more than $125M to fund aid programs after U.S. cuts
Summary
After the Trump administration stopped U.S. foreign aid, private donors raised over $125 million to support critical aid programs. This initiative, called Project Resource Optimization (PRO), ensured that 80 programs continued, despite the halt in government funding. Secretary of State Marco Rubio explained that the focus would shift from aid to trade and investment.Key Facts
- President Trump’s administration stopped U.S. foreign aid, leading to private fundraising efforts.
- Private donors raised over $125 million to support aid programs.
- Project Resource Optimization (PRO) was set up to prioritize funding for 80 critical programs.
- The funds included $110 million in charitable grants and at least an additional $15 million.
- Secretary of State Marco Rubio stated that future efforts would emphasize trade and investment over aid.
- GiveWell, a grantmaker, contributed $34 million to address the aid cuts.
- New donors, like Jacob and Annie Ma-Weaver, made significant contributions to support these efforts.
- The complete effect of private donations will be clearer in the future, as some contributions are not yet fully reported.
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