Jack Dorsey—Pledged $1 billion of Square equity to Start Small LLC for COVID-19 relief
Jack Dorsey announced he was transferring $1 billion of his equity stake in Square (about 28% of his wealth) to Start Small LLC, initially focused on global COVID-19 relief. He committed to public transparency by tracking all grants in a publicly accessible Google sheet. By September 2021, Start Small had awarded over $425 million across 243 donations.
Scoring Impact
| Topic | Direction | Relevance | Contribution |
|---|---|---|---|
| Corporate Transparency | +toward | secondary | +0.50 |
| Humanitarian Aid & Global Health | +toward | primary | +1.00 |
| Overall incident score = | +0.993 | ||
Score = avg(topic contributions) × significance (critical ×2) × confidence (0.66)
Evidence (2 signals)
Start Small awarded over $425 million across 243 donations by September 2021
By September 2021, Start Small had awarded 243 donations totaling over $425 million, with approximately $317 million earmarked for COVID-related support, demonstrating substantial follow-through on the $1 billion pledge.
Dorsey pledged $1 billion of Square equity to Start Small for COVID-19 relief
Jack Dorsey announced via Twitter he was transferring $1 billion of his Square equity (about 28% of his wealth) to Start Small LLC, initially focused on COVID-19 relief, with plans to shift to girls' health, education, and UBI.