Jack Dorsey to $1.59 million. In March 2018, Dorsey announced that an improved version of the verification system is coming to Twitter. The purpose of redesigning verification is to let people verify more facts about themselves, emphasizing proof of identity. The overhaul was not in place before the U.S midterm election of 2018 to help in verifying the identities of the candidates. In September 2018, Dorsey testified before the Senate Intelligence Committee alongside Facebook COO Sheryl Sandberg about meddling in the 2016 presidential election. Following this testimony, Twitter shares fell 6%. Dorsey, along with co-founder Jim McKelvey, developed a small business platform
Dorsey-Gray Literacy Foundation Dorsey-Gray Literacy Foundation The Dorsey-Gray Literacy Foundation is a nonprofit 501(c) organization based out of the Greater Washington, DC area founded in 2009. The foundation award scholarships every year to high school seniors and all college undergraduates/graduates. The mission of DGLF is to expand educational opportunities and enhance the lives of people of all ages and backgrounds by encouraging basic and advanced literacy and promoting total enrichment "one page at a time". The annual scholarship program begins on November 25 of each calendar year and culminates on May 25 of the following calendar year with the announcement of the winners.