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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Ganesh Natarajan is the Founder and Chairman of 5FWorld, a new platform for funding and developing start-ups, social enterprises and the skills eco-system in India. In the past two decades, he has built two of India’s high-growth software services companies – Aptech and Zensar – almost from scratch to global success.