Austin Chamber announced a new partnership between Pledge 1% and Austin Gives aimed at promoting corporate philanthropy in the Austin area. The collaboration will leverage the expertise, peer networks, and resources of both organizations to provide more recognition and support to Austin companies interested in social impact.
According to a press release by the Austin Chamber, close to 300 companies in the Austin area have already embraced the Pledge 1% initiative, dedicating 1% of their assets to support local charitable endeavors. With over 100 existing members, Austin Gives will extend invitations to join Pledge 1%, granting them access to a wealth of tools, resources, and a supportive peer community.
Bethany Leffingwell, Senior Advisor for Social Impact at the Austin Chamber leading Austin Gives, highlighted the importance of promoting a culture of corporate social responsibility in the regional business community. She stated, "Data shows consumers and employees expect businesses to demonstrate a commitment to purpose in addition to profit. Austin Gives is leading the charge to empower corporate generosity in Central Texas."
Jan D'Alessandro, Chief Philanthropy Officer leading Pledge 1% equity pledge initiative, expressed excitement about the partnership, stating, "This partnership will help Austin companies unlock new ways to engage their teams, customers, and community around their values and philanthropy, using Pledge 1%'s flexible framework of donating time, product, profit, and/or equity to causes they care about."
The collaboration between Pledge 1% and Austin Gives aims to create new opportunities for businesses to have a positive social impact. By working together, they hope to empower Austin companies to engage with their teams, customers, and community while promoting philanthropy and giving back.
The Austin Chamber and its partners are dedicated to fostering a culture of corporate philanthropy in the Austin area and believe that local businesses have the power to drive positive change. With this new partnership, they aim to support entrepreneurs and companies in enhancing their social impact efforts and making a difference in their communities.