February 14: The Madison Forward Fund

–submitted by Larry Larrabee

On February 14th, our Rotary Club was privileged to hear a presentation by Blake Roberts  Crall.  She is the Program Manager for the Madison Forward Fund which in 2022 launched the Basic Guaranteed Income Experiment granting individuals $500 per month for one year.  The participants’ income was below the poverty level of $14, 580 per year.  Of the 3000 individuals who qualified, 2000 applied for the program with 150 being selected at random.  Of the participants, 82% were women with 49% being Black and 18% being Latino.  The yearend analysis is not yet complete, but the 8 effectiveness measures included such things as financial stability, mental and physical health, work force participation and housing security.

If you missed this program, you can watch it here: https://youtu.be/w2Lpd1lrTz4.

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