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With $48M in philanthropic backing, a division of USAID relaunches as nonprofit
The DIV Fund secured $48 million from private donors to sustain and scale affordable, evidence-based international development solutions after USAID cuts.
- On Thursday, Feb. 5, 2026, the DIV Fund was relaunched in Washington, D.C. as an independent nonprofit with $48 million from private donors to continue its international work.
- Having lost government backing, private philanthropies and leaders who directed $110 million in the past year stepped in after USAID cuts last year.
- Fund documents show that $20 million has been allocated to former recipients, $28 million remains for future grants, and the DIV Fund aims for a $25 million annual grantmaking target with an open call for applications this year.
- The DIV Fund will seek partnerships with major donors like the World Bank and is open to working with the U.S. government, as cofounder Sasha Gallant said, leaving future relations uncertain.
- Researchers caution that randomized controlled trials are powerful but have limits, and DIV leaders say the fund can boost program effectiveness without replacing large programs and humanitarian responses.
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This is a rare example of continuity after the Trump administration froze foreign funding and authorized the dismantling of the agency that provided US foreign aid for 60 years.
USAID division killed by Trump is reborn after 2 mysterious donors give $48 million
A division of the U.S. Agency for International Development eliminated by Trump administration cuts last year was reborn Thursday as an independent nonprofit, allowing its international work to continue in a new form. This reincarnation of USAID’s Development Innovation Ventures as the nonprofit DIV Fund is thanks to $48 million raised from two private donors. It is a rare instance of continuation after the Trump administration froze all foreign…
Associated Press News
With $48M in philanthropic backing, a division of USAID relaunches as nonprofit
A division of the U.S. Agency for International Development eliminated by Trump administration cuts last year was reborn Thursday as an independent nonprofit.
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