Filling the need for trusted information on national health issues…

Fast Company Examines Matt Damon’s Efforts To Expand Clean Water Access In Africa

Fast Company reports on actor Matt Damon’s work to promote development and access to clean water in Africa.

“For all his star power, though, Damon is more than just the pretty face of Water.org. He has turned himself into a development expert. … Whether talking microfinance strategy with rural bankers, giving detailed reports from the field at the annual Clinton Global Initiative, or personally thanking donors like PepsiCo CEO Indra Nooyi, Damon has quietly developed the cred of a program geek,” the magazine writes.

Fast Company notes that Damon’s Water.org charity “is on track to raise $10 million in 2011, up from $4 million in 2010.” The magazine adds: “The primary use of that money is not as a handout to well drillers. Rather, Water.org tends to negotiate deals between microfinance institutions and communities. It might help a village get access to a local banker, who will then lend money to build systems that tap into a well, or a previously inaccessible water or sanitation grid. Water.org may guarantee the loan, but repayment falls to the villagers, who work together to manage the water supply and organize credit payments” (McGirt, 6/20).

The Henry J. Kaiser Family Foundation Headquarters: 2400 Sand Hill Road, Menlo Park, CA 94025 | Phone 650-854-9400
Washington Offices and Barbara Jordan Conference Center: 1330 G Street, NW, Washington, DC 20005 | Phone 202-347-5270

www.kff.org | Email Alerts: kff.org/email | facebook.com/KaiserFamilyFoundation | twitter.com/KaiserFamFound

Filling the need for trusted information on national health issues, the Kaiser Family Foundation is a nonprofit organization based in Menlo Park, California.