Congress has cut federal funding for public media — a $3.4 million loss for LAist. We count on readers like you to protect our nonprofit newsroom. Become a monthly member and sustain local journalism.
This is an archival story that predates current editorial management.
This archival content was written, edited, and published prior to LAist's acquisition by its current owner, Southern California Public Radio ("SCPR"). Content, such as language choice and subject matter, in archival articles therefore may not align with SCPR's current editorial standards. To learn more about those standards and why we make this distinction, please click here.
The Hidden Cash Benefactor Could Be Making Deposits In L.A. Soon
A generous and mysterious person has been leaving envelopes of cash around San Francisco, but could soon be visiting Los Angeles.The anonymous benefactor identified himself in an email to The Bold Italic as a real estate millionaire who was looking to, quite literally, spread the wealth.
"I've made millions of dollars the last few years, more than I ever imagined, and yet many friends of mine, and people who work for me, cannot afford to buy a modest home in the Bay Area. This has caused me quite a bit of reflection. I am determined to give away some of the money I make, and in addition to charity, to do it in fun, creative ways like this.”
While anonymity is important to him, he did reveal to ABC via phone that he is a man, 35-45 years old.
He uses the Twitter account @hiddencash to provide clues as to where the money is stashed. The lucky person who finds the cash is encouraged to tweet a selfie with the money. Some clues lead to $20, others up to $100.
Support for LAist comes from
Here's an example from a recent SF clue, posted today around 2 pm.
This morning, he tweeted that he'd be coming to L.A. this weekend.
While this campaign might remind you of Tips for Jesus, @hiddencash also mentioned via Twitter that the cash drops have no political, religious or business agenda, but are only about love, kindness and generosity. Happy hunting, L.A.
As Editor-in-Chief of our newsroom, I’m extremely proud of the work our top-notch journalists are doing here at LAist. We’re doing more hard-hitting watchdog journalism than ever before — powerful reporting on the economy, elections, climate and the homelessness crisis that is making a difference in your lives. At the same time, it’s never been more difficult to maintain a paywall-free, independent news source that informs, inspires, and engages everyone.
Simply put, we cannot do this essential work without your help. Federal funding for public media has been clawed back by Congress and that means LAist has lost $3.4 million in federal funding over the next two years. So we’re asking for your help. LAist has been there for you and we’re asking you to be here for us.
We rely on donations from readers like you to stay independent, which keeps our nonprofit newsroom strong and accountable to you.
No matter where you stand on the political spectrum, press freedom is at the core of keeping our nation free and fair. And as the landscape of free press changes, LAist will remain a voice you know and trust, but the amount of reader support we receive will help determine how strong of a newsroom we are going forward to cover the important news from our community.
Please take action today to support your trusted source for local news with a donation that makes sense for your budget.
Thank you for your generous support and believing in independent news.
Chip in now to fund your local journalism
(
LAist
)
Trending on LAist
-
If approved, the more than 62-acre project would include 50 housing lots and a marina less than a mile from Jackie and Shadow's famous nest overlooking the lake. -
The U.S. Supreme Court lifted limits on immigration sweeps in Southern California, overturning a lower court ruling that prohibited agents from stopping people based on their appearance.
-
Censorship has long been controversial. But lately, the issue of who does and doesn’t have the right to restrict kids’ access to books has been heating up across the country in the so-called culture wars.
-
With less to prove than LA, the city is becoming a center of impressive culinary creativity.
-
Nearly 470 sections of guardrailing were stolen in the last fiscal year in L.A. and Ventura counties.
-
Monarch butterflies are on a path to extinction, but there is a way to support them — and maybe see them in your own yard — by planting milkweed.
Best of LAist