In 2020, it was more necessary to us than ever to help small companies and non-profit organizations.
There are so many organizations providing important companies to their communities, and we now have felt so fortunate to have the ability to help them whereas persevering with to help our personal prospects. We at all times need to give back every year — the quantity would possibly change, relying on our revenue, however we’ll at all times give back. It’s a habit value constructing and persevering with.
We’d love to focus on the organizations we supported in 2020 and the necessary work they’re doing, and how we got here to help them.
An evolution of giving back and selecting flagship causes
Back in 2017, we dedicated to donating 20% of our revenue every year to charitable organizations and, every year, we’ve chosen these non-profits in several methods.
The first year in 2017, we invited our staff to appoint any group they wished and selected seven that obtained essentially the most votes. It was a really open-ended immediate! In 2018, we targeted our search slightly bit, nonetheless taking in any staff nominations however in the end choosing one organization to represent each of our six company values.
In 2019, we put a stake within the floor and determined to focus our giving efforts on a core Buffer stakeholder — the setting. We labored to calculate our carbon footprint and discovered initiatives to fund that will stop, take away or scale back carbon emissions of the identical quantity. Then, we requested our staff to inform us their favourite organizations that produce clear power, take away carbon from the environment, help sustainable power sources, or in any other case contribute towards the well being of our planet, and ended up selecting 5 of them to help.
As we entered 2020, local weather motion was nonetheless a core trigger we felt dedicated to supporting, however it turned apparent that there was one other space the place there was vital work to be executed. Combatting racial injustice and actively pursuing anti-racism turned a precedence for our firm, and we labored to establish several programs to help BIPOC activists, in addition to Black- or POC-owned or -led organizations engaged in anti-racism work.
When we began trying into our 2020 charitable donation, we determined we wished to make a major contribution to organizations tackling one of these two core causes — local weather motion and anti-racism — and that had a powerful alignment with our imaginative and prescient: a world with more small companies that do good whereas doing properly.
The choice course of
As we’ve at all times executed, we invited our staff to inform us about organizations that impressed them. Here’s what we shared about every trigger and why it was necessary to Buffer’s imaginative and prescient:
“Without a habitable planet and the stability that provides, no small businesses will be able to thrive, including Buffer. Simultaneously, the climate challenge also creates tremendous opportunities for innovation and entrepreneurship, hence more startups and small businesses! It feels crucial to do our part in building a sustainable and healthy environment where small businesses can have long-term success.”
“Systemic racism is not only injustice, but it is also bad for business. Research ‘estimates that aggregate economic output would have been $16 trillion higher since 2000 if racial gaps had been closed.’ When it comes to a world with more small businesses, we’ll also want to see more diversity in those businesses. By making our contribution to a more equitable and just future, we can create a world where more people from underrepresented groups can start small businesses and have the means to support small businesses within their communities.”
From these prompts, we collected staff nominations and we discovered about some superb organizations. After a team-wide vote, we settled on 4 organizations to every obtain $12,152.25 USD — an equal cut up of $48,609 USD, which was 20% of our revenue share from 2020.
Our 2020 charities and the work they’re doing
We selected two organizations to signify our give attention to anti-racism and two that signify local weather motion. We’re proud to help these organizations which can be really working towards a more equitable and sustainable world. Read on for more details about their work!
When we zoom out to the worldwide degree, there may be large inequality between folks born and residing in developed versus growing international locations. The variations in wealth and entry to alternatives stay huge. Currently, there is strong evidence that giving unconditional money grants to folks residing in poverty is one of the simplest methods to drive constructive change of their lives.
GiveDirectly offers money grants that allow of us to spend money on the initiatives, companies, and gadgets which can be most impactful for them, as a substitute of counting on organizations to decide on for them. From their website: “We believe people living in poverty deserve the dignity to choose for themselves how best to improve their lives — cash enables that choice.”
We are excited about supporting GiveDirectly as a way to catalyze more small businesses — especially by folks from underrepresented groups — starting up all over the world.
There is no doubt that the U.S. tech and startup scenes have long been homogenous in many ways — with race and gender in particular. We get really excited when we hear about organizations that are supporting underrepresented groups and lifting them up to get the same shot as other founders, and digitalundivided is doing just that.
At digitalundivided, they run training programs, pre-accelerator programs, and a fellowship to help Black and Latinx women founders get the resources and mentorship they need to develop their businesses. On top of that, we were excited to see that they conduct research about Black and Latinx women founders in the U.S and that they use their research as a catalyst for change and action. From their website: “At digitalundivided, we use original, proprietary research to develop a data-driven ecosystem that expands the current body of knowledge about entrepreneurship in emerging communities.”
Their mission is all about doing good while doing well — supporting Black and Latinx women in their entrepreneurship journeys, all while catalyzing economic growth in their communities.
Trees are a powerhouse for our planet, constantly pulling carbon out of the atmosphere — so deforestation is a huge contributor to the climate crisis. Cool Earth works directly with rainforest communities to halt deforestation. They do this by meeting and learning from rainforest communities around the world, many of whom are indigenous communities that have intimate relationships and immense wisdom about their local forests.
Cool Earth partners with these communities to develop solutions that are unique to each location. In many situations, they support the local communities to develop sustainable incomes so they can be self-sustaining without causing harm to the rainforests. From their website: “Cool Earth supports local and indigenous knowledge to develop innovative ways to address threats to the forest while making communities stronger and more resilient.”
Cool Earth takes a tangible climate action while empowering and supporting indigenous communities, and it’s an approach we are honored to support.
Cleantech is a growing industry of companies working to support the environment through clean energy, the sustainable use of resources, carbon sequestration, and more. VertueLab works to tackle the climate crisis by providing funding and entrepreneurial support to early-stage cleantech startups whose products can deliver a measurable impact on reducing greenhouse gases. They also intentionally prioritize the growth of diversity, equity, and inclusion across cleantech industries.
In other words, VertueLab is directly nurturing small businesses that strive to make a difference in the climate space, and that shape a more sustainable and equitable world. From their website: “[Our mission is] to unleash innovation and entrepreneurship that will solve environmental challenges and catalyze shared economic prosperity.”
VertueLab actively fights against the climate crisis with a very similar vision to ours — to see a world with more startups that are doing great work for the planet and doing well in the process.
Additional donations to anti-racism organizations
In mid-2020, separately from our annual profit share donations, we also committed to donating $100,000 USD to organizations for and by Black people working to dismantle racism. After consulting with our Black teammates to determine the organizations they wanted to see the money go toward, we donated to three wonderful organizations:
The Marsha P. Johnson Institute, which protects and defends the human rights of Black transgender people.
The Marshall Project, a nonpartisan, nonprofit news organization that seeks to create and sustain a sense of national urgency about the U.S. criminal justice system.
Brave Space Alliance, a Black-led, trans-led LGBTQ center designed to create and provide affirming services for the LGBTQ community of Chicago.
We encourage you to read more about these organizations and the daily impactful work they do to support Black communities.
Learnings for next year
We’re a team that loves to give, though our approach up until now has been to “figure things out as we go.” That’s worked for us thus far, but now that we’ve established several charitable initiatives, we’re excited to think through a more holistic approach to charitable giving.
Having our two flagship causes is a great help with this, as is our annual choice to donate 20% of our profit. We’re committed to continuing our anti-racism programs, internally and externally, and working to be as carbon neutral as possible.
We’re honored to support these organizations and hope you’ll look into their work as well. We list even more anti-racist organizations worth supporting over right here. There’s a lot more work to be executed!