I think Troy and Pioneer make good points. The best solution haso to acknowledge the root problem, people's ability to handle responsibility or consider options.
An endowment with a charter is more flexible and the money could go where it's needed most.
Home economics classes so people learn about nutrition, how to shop, invest et cetera. This could even be an online course.
The biggest problem is ignorance and lack of knowledge.
If Black people didn't go to the movies every other year and invested the money . You would see large scale changes in two to three generations. We transfer our wealth for baubles and trinkets.