{"type":"rich","version":"1.0","provider_name":"Transistor","provider_url":"https://transistor.fm","author_name":"The Charity Charge Show - Nonprofit Podcast","title":"EP 86 Jason Watters | CFO, GiveDirectly","html":"","width":"100%","height":180,"duration":2257,"description":"In Episode 86 of the Charity Charge Show, Stephen talks to Jason Watters, CFO of GiveDirectly, whose mission is letting donors send money directly to the world’s poorest households. They believe people living in poverty deserve the dignity to choose for themselves how best to improve their lives — cash enables that choice. Stephen and Jason Watters talk about GiveDirectly's innovations in technology to increase efficiency of donations from donor to recipient, the importance of financial transparency in the nonprofit sector, and being a respectful guest when working with countries, governments, and citizens to develop trust.\nJason holds a B.S. in Finance from Georgia State University and an MBA in Finance and Economics from the New York University, and joined GiveDirectly from a long string of Private Equity and Venture Capital backed technology companies, most recently Imbellus, Inc. and has served in a variety of CFO, COO, and Chief Innovation Officer roles. Jason started his career with a short stint at the US Department of the Treasury and a decade at McKinsey & Company.\nJason on GiveDirectly's commitment to financial transparency:\nWe make the claim, \"90 cents of every dollar you give us goes into the hand of a recipient, unconditionally\" and we've done an amazing job historically, providing transparency into that claim. However, about six months ago, in the context of the UN putting a call out to Elon Musk for $6 billion to help with a food program. There was a conversation about transparency, and proving that if Elon was to give $6 billion, it's not going to be run off by middlemen or spent on things other than what it was intended for. Elon Musk coined the term open source accounting which I think is a very good idea. This discourse sparked our team to ask ourselves the question, \"Are we as transparent as we could be?\" and ultimately, \"Is there any reason that we wouldn't give audit rights to all of our stakeholders, donors, recipients, and governments we...","thumbnail_url":"https://img.transistorcdn.com/XfkPvOlEEMAiRczB_OiHMT_xGDPC0tHWtbRnnXwHQcI/rs:fill:0:0:1/w:400/h:400/q:60/mb:500000/aHR0cHM6Ly9pbWct/dXBsb2FkLXByb2R1/Y3Rpb24udHJhbnNp/c3Rvci5mbS82OGVj/NzlkMTIxY2E0MjU1/ZTg3YjE4MjQ5Yjg0/ZTcyOC5wbmc.webp","thumbnail_width":300,"thumbnail_height":300}