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London-based Founders Pledge, a young philanthropic organization, is using a hyper-efficient giving-forwards model to attract high tech entrepreneurs as "Pledgers."
100 percent of its proceeds are going to charity. The value of a donation is a fixed percentage of a future wealth of a member.
To date, 1,250 entrepreneurs have signed up pledging nearly $2 billion in share value.
For each $1 billion in share value created by the community members, there is a minimum $20 million donation committed to charity.
The organization, led by social entrepreneur David Goldberg, has recently grown from the U.K. to 26 countries, opening new offices in New York and San Francisco. Read the Entire Article
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Spotlight
Muhammad Yunus: Social Business and the Pursuit of Happiness
Nobel Peace Prize winner, founder of Grameen Bank and chairman, Muhammad Yunus, writes about happiness: That happiness comes from many sources, not as the current economic framework assumes, just from making money.
