Our philanthropic model at CHNGE is to donate 50% of our net profits to charitable organizations committed to making the world a better place through education, facilitating equality, and/or protecting the environment. We want to leverage this model to prove that businesses can and should give as much as they take.
We hoped to become profitable very quickly, but as a start-up business we have yet to reach that milestone. Like most start-ups, in our first year we had to spend more money than we made in order to get the business off the ground.
Our business model will ALWAYS be to donate 50% of net profits. That will NEVER change. But to ensure we're always able to make charitable donations we have committed to donating a percentage of our annual sales for any years in which we are not profitable, allowing us to uphold our original mission while ensuring that, no matter what, we are always making charitable contributions.
All that said, we are excited to share with you that, despite our lack of profitability, we have donated $20,722 to date to organizations focused on...