How Does EFSE Engage Emerging Companies and Their Employees in Philanthropy?
Under our Founders Shares program, companies make contributions of pre-IPO stock options or issued stock to EFSE. When a participating company goes public or is acquired, the stock value is realized and up to 85% of the proceeds is invested (through a donor-advised fund at a community foundation) in local nonprofits recommended by the donor company. The balance of the donor contribution will fund our venture philanthropy interests in the community and our work with participating companies to help them develop corporate community involvement programs which will permit employees to give something back to the community under their employer’s sponsorship.
