Twitter CEO Jack Dorsey pledges $3 million to secure revenue projects

Twitter CEO Jack Dorsey pledged Thursday to donate $3 million to Mayors for A GuaranteeD Income, a federally guaranteed income program,media CNET reported. Dorsey’s donation will help networks of mayors in 15 cities fight the economic impact of the new Crown virus pandemic.

Twitter CEO Jack Dorsey pledges $3 million to secure revenue projects

“This is a tool to narrow the wealth and income gap, reduce systemic racial and gender inequality, and create economic security for families,” Dorsey said on Twitter.

The COVID-19 rescue effort at the technology company has been in the spotlight. Apple has doubled its contribution to China’s fight against the outbreak, and Samsung is providing money and medical supplies, donating its phones to isolated patients, and other efforts.

Twitter CEO Jack Dorsey pledges $3 million to secure revenue projects

Dorsey announced in April that he would spend $1 billion from his Square stake to fund the relief effort for COVID-19, a disease caused by the new crown virus. He added that after the outbreak, the money would fund girls’ health and education, as well as universal basic income.

Dorsey also pledged $1 million to Masks For The People, an effort to provide masks, hand disinfectants and test kits to “prisoners, former prisoners, violent disruptors, older people in our communities, and the most vulnerable black and brown relatives in urban and rural communities.”