The Abacus Generosity Initiative (AGI) was created with the mission of maximizing our social impact by engaging our staff, clients, friends, and colleagues in philanthropic endeavors. To accomplish this, we have committed to performing one act of generosity every month in the following areas:
- Fundraising events
- Charitable grant donations
- Education on charitable giving
- Impact and micro-finance awareness
- Financial literacy and pro-bono planning
Abacus Charitable Giving
As a firm that believes that philanthropy, self-sufficiency and generosity are cornerstones of a healthy and fulfilling relationship to money, the principals of Abacus Wealth Partners have elected to donate 5% of the firm’s profits annually to charity.
Part of this money will be allocated to the annual Abacus Wealth Partners Charitable Grant. There is no formal grant application, so charities are encouraged to be creative and convince us how they will use the money to advance the causes described below.
Our intent is that our charitable giving will accomplish the following:
- Catalyze self-sufficiency (for example, microfinance‐related organizations, clean water, medicine, poverty alleviation in all its forms, hunger)
- Reduce the environmental impact of economic activities (for example, initiatives to reduce global warming due to increased material acquisition, getting the financial services industry to reduce paper usage, encouraging sufficiency in the world’s richest populations to ease environmental and economic strains on its poorest communities)
- Increase financial literacy
Annual Abacus Wealth Partners Charitable Grant Recipients
2014 Charitable Grant (amount: $10,000)
Apply by October 31, 2014.
2013 Charitable Grant Recipient (amount: $5,000)
Trees for the Future
18820 Pacific Coast Highway
1400 Spring Street
Silver Spring, MD 20910
Trees for the Future was founded in 1989, and since then we’ve planted over 100 million trees around the world and helped tens of thousands of people plant their way out of poverty. We don’t just plant trees for their ecological and environmental benefits, but also to benefit people in need. We are experts in agroforestry, which combines agriculture and forestry to create integrated and sustainable land-use systems. We address the problem of degraded and overworked lands by providing farmers with tree seed, technical training, on-site planning and assistance, and an overall reclamation plan. These sustainable land management practices not only feed people and help the poor gain income, but also improve the environment and quality of life for everyone.
2012 Charitable Grant Recipient (amount: $5,000)
Creative Visions Foundation (CVF) is inspired by the life of Dan Eldon, an artist, adventurer and activist killed in Somalia in 1993 while covering the conflict as a photojournalist for Reuters News Agency. To honor his legacy, in 1998 his mother, Kathy Eldon, and sister Amy Eldon Turtletaub founded the Creative Visions Foundation, a publicly supported 501(c)(3) organization, to help others like Dan use media and the arts to ignite positive social change in the world around them. Over the past fourteen years, CVF has incubated more than 150 projects and productions on five continents by providing fiscal sponsorship, mentorship, inspiration, fundraising, connectivity and step-by-step tool kits for launching projects. To date, our creative activists under our umbrella have touched more than 90 million people and raised more than $11.2 million to fund their projects.
2011 Charitable Grant Recipients (each received $2,500)
Helping children and their families succeed in school and in life. Since 1980, Para Los Niños has transformed the lives of thousands of impoverished children in Los Angeles. Today, PLN continues to serve over 10,000 children and families a year from Skid Row as well as Westlake, Pico Union, East LA, Watts and Compton. Through our charter schools, early education centers and community-based programs we continue to serve the children and families. Our schools immerse children in rigorous learning and enriching environments, and offer families skills that support academic achievement and financial stability.
Give more. Risk more. Inspire more. Bolder Giving seeks nothing less than to shift the collective culture of giving. Our mission is to inspire and support people to give to their full lifetime potential. We challenge the norms and stereotypes that limit charitable giving through a two-pronged approach. The first is through inspiration—we gather and share inspirational stories of bold giving from diverse people across the economic spectrum. The second is through action—we develop tools and advice to help people translate that inspiration into actionable steps to transform their giving.Our aim is to encourage people of all backgrounds to increase their giving as a percent of income, assets or business profits (Give More), shift how they give by exploring opportunities to give collaboratively to communities besides their own, to social change and entrepreneurial efforts (Risk More), and spark discussions about giving with others and share their giving stories to provide a catalyst for new conversations (Inspire More).
2010 Charitable Grant Recipient (amount: $2,500)
Women’s Earth Alliance is an Earth Island Institute Organization. Women’s Earth Alliance partners with community-based organizations globally to uplift local solutions to issues of water, food, land and climate change by providing women with training, resources and advocacy support. WEA emerged from a meeting in Mexico City where 30 women leaders from 26 countries gathered to create solutions to a common concern: the lack of support available to women working on the front lines of social and environmental challenges. Today, WEA’s thriving programs on three continents—supporting communities’ access to clean water, healthy food and protected land—reflect our belief that when women thrive, communities thrive.