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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 funding last year and unleashed Elon Musk’s Department of Government Efficiency to tear down the agency that delivered U.S.
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