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Founder
Founder, WEconomy-US, Inc. — WEconomy-US, Inc
The reason you’re here
More about Scott
WEconomy de-risks the currently ineffective allocation of the $500 billion American philanthropy spends annually by shifting focus from downstream/post-crisis interventions to upstream infrastructure, aiming to build durable community wealth and reduce structural inequality. WEconomy achieves this goal by: A) Issuing to local, established non-profit orgs block grants of a regional digital currency (not crypto) in order to boost equitable access to no-risk capital, and help stretch already critically low USD budgets further.. B) Offering a truly FREEMARKETplace which even pays residents to set up shop and buy/sell goods/services locally at no cost. C) Operates Jobs & Innovation Hubs to both pay a living wage to any work beneficial to the community, and train transitioning workers and aspiring entrepreneurs on the disciplines of job creation and small business management.
Painful expensive problem: American philanthropy spends roughly $500 billion annually and moves the needle on structural inequality by almost no measurable amount. The reason is not lack of intent or lack of capital — it is that most philanthropic dollars fund downstream interventions (emergency assistance, direct services, one-time grants) rather than the upstream infrastructure that would convert intervention into durable community wealth. The result: sophisticated foundations recycle the same beneficiaries through the same programs, generation after generation, while the underlying wealth gap widens. For whom: Community foundations, philanthropists, Donor Advised Funds, Program Related Investments, and family offices with 5-10 year horizons who are frustrated with the diminishing returns of conventional grantmaking and want a structural alternative. Also the working households those foundations are ostensibly trying to serve — currently receiving downstream services when what they need is upstream ownership infrastructure.