The Entrepreneurs Foundation of the Southeast (EFSE) fosters relationships
between entrepreneurial start-up companies and nonprofit organizations
so that our communities can benefit from the strengths of both.
Businesses bring their effectiveness and efficiency, while nonprofit
groups contribute their community focus and inclusiveness. There
are many ways for organizations, companies and individuals to get
involved in this powerful partnership including:
Donate
Stock Options
Here's how it works:
- An emerging company
grants stock options to EFSE.
At an early stage, these options, while invaluable to the founders, have
nominal value in the marketplace and thus very little impact on the company's
income statement at the time of the grant.
- Using EFSE resources
and knowledge of the nonprofit community, the donor company explores organizations
and/or causes it might like to support consistent with its corporate culture.
Recognizing the extraordinary demands on an emerging company's financial
resources, talent and time, EFSE operates as a community affairs liaison.
The goal is to establish meaningful community involvement that enhances
and does not detract from the company's fundamental enterprise.
- When the company
experiences a liquidity event, EFSE exercises its options, capitalizing
on the stock's significantly enhanced value.
At the time the options are exercised, the company realizes impressive tax
benefits and generates new, never-before-available funding for the nonprofit
entities it chooses to support through a donor-advised (company-advised)
fund and for ongoing EFSE endeavors.
Eighty-five percent of the proceeds go into a donor-advised fund for the company and will be used to fund their philanthropy.
This unique equity-sharing partnership draws upon the committed
leadership of the company's CEO, the full support of its executive
team, and the approval of its board.
Return
On Investment
The membership benefits
of EFSE's strategic venture philanthropy initiative are both tangible and
intangible, as we:
- Convert company equity into
new funding for philanthropic programs through a donor-advised (company-advised)
fund.
- Facilitate the establishment
of community involvement as a core corporate value by engaging your company
employees in community activities.
- Provide a variety of networking
opportunities with other companies that are active "corporate citizens".
- Make your company a better
place to work and the community a better place in which to live.
Become
an Underwriter
It takes
time for our donor companies to experience the liquidity events
from which EFSE will share and eventually gain its consistent
base of funding. Accordingly, we need the continued support of
companies, foundations and individuals who understand the added
value of the services that EFSE will provide for years to come.
These investments will allow EFSE to become a self-sustaining
entity that can deliver the much-needed money, expertise and other
resources that will serve our communities.
Underwriter categories include:
- Visionary Partners
- Champions
- Benefactors
- Patrons
- Friends
For more information,
contact EFSE.
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