We’re excited to announce a partnership with Pledge 1% and to encourage your involvement in the effort. As part of our overall commitment to building strong entrepreneurial ecosystems around the globe (1,000 by 2016), we’ve partnered with Pledge 1% to help build stronger companies and stronger communities.
Pledge 1% is a corporate philanthropy movement dedicated to making the community a key stakeholder in every business. Pledge 1% encourages and challenges individuals and companies to pledge 1% of equity, product, and/or employee time for their communities.
Pledge 1% founding partners include the Salesforce Foundation and Atlassian, two companies that know first-hand how pledging a small portion of future success today can have an enormous impact tomorrow. In 2014, they came together with the Entrepreneurs Foundation of Colorado to accelerate a shared vision of every business around the globe integrating philanthropy into its corporate DNA.
Companies and their employees today want to be civically minded and aligned with a social mission that prioritizes having a positive impact on the world.
How does Pledge 1% Work?
Individuals and companies can go to www.pledge1percent.org to learn more about how to create a culture of giving through resources, case studies, and best practices. Visitors can also pledge equity, employee time and/or product directly on the website. Pledge 1% facilitates making an equity pledge easy to implement, connects companies with local resources to empower employee engagement programs, and helps companies to further define and respond to community needs.
Who benefits from the pledges?
Pledgees choose the cause, focus area and nonprofits to receive the realized value of their resources based on their community goals and company and employee interests. The Pledge 1% movement is fully funded by its founding partners,
so all realized benefit from pledges goes to the causes that pledgees support.
Think your company isn’t ready? Listen to Scott Farquhar of Atlassian talk about how working with the 1% model from their earliest days helped his young company.