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Modest Needs

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I read about a very interesting organization today. The name is Modest Needs and they're a not-for-profit organization that directly help people with short term but critical financial needs. The article I read is in the August 11th issue of Forbes . The organization was started by Keith Taylor, an English teacher at Middle Tennessee State University in Nashville. He initially had a small website through which he'd dispense $350 a month, 10% of his income, to people that needed small amounts of money to bridge small crises. Like that little bit extra needed to cover rent, an urgent car repair, hospital bill, etc. What I find so appealing about this is that you actually can pick who you give money to--and know that the money is immediately helpful. Modest Needs doesn't give the money to the individual, but rather to the creditor that the individual owes money to. And these financial problems are vetted by Modest Needs to ensure that they are legitimate. And, interestin...