5 • 4 Ratings
🗓️ 28 March 2025
⏱️ 26 minutes
🧾️ Download transcript
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0:00.0 | Hi everyone, I'm Maggie McGrath, senior editor at Forbes. |
0:07.0 | In February, the Trump administration cut more than 90% of USAID's contract and aid to the world. |
0:17.0 | It's a more than $60 billion cut to global programs, but the effect is being felt here |
0:24.6 | at home. Joining us now is a founder and president of a North Carolina-based company that is one of |
0:31.6 | those local American companies that is feeling the effects of these USAID cuts. She is Mary Faith, Mount Cores. She's the president |
0:40.3 | and founder of Ed Intersect. Mary Faith, thank you so much for being here. |
0:45.3 | Thank you for having me. |
0:47.3 | So as I framed in this conversation, you are based in North Carolina. You are the founder and president of something called Ed Intersect. |
0:55.2 | And just for our audience, can you give the 60 second |
0:57.8 | explainer of the work that your company does? |
1:03.2 | Certainly. |
1:04.2 | Yes, we work in basic education. |
1:07.4 | We do system strengthening work in partnership with governments in the countries in which we are working. |
1:14.6 | So most of our work has been with USAID, so we see it as part of our service to the U.S. government that we are working with our counterparts in, for example, our projects, |
1:30.8 | our current ones, we're in Malawi and Tajikistan. And a lot of the work that at Intersect does |
1:36.2 | as part of a larger implementation is research and evaluation in early reading and math. And we, as I said, develop these systems in partnership with the governments in the countries we are working with. |
1:53.0 | And you founded at Intersect 12 years ago, you've had successful projects through USAID, through UNICEF, again, based on focusing on education. |
2:04.6 | Where do the Trump cuts leave you with your work in Malawi and Tajikistan right now? |
2:11.9 | So both of our current projects have been terminated. |
2:18.3 | And at this time, we are, that means that our work even for December and January that we had |
2:26.3 | already completed for, with the U.S. government has not been remunerated. We have not been paid |
2:33.3 | for that work. We also do not have any portfolio |
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