Charity
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 have elected to donate 5% of the firms’ 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.
By and large, our intent is that our charitable giving will accomplish the following:
- Catalyze self‐sufficiency (a few examples are microfinance‐related organizations, clean water, medicine, poverty alleviation in all its forms, hunger etc.)
- Reduce the environmental impact of economic activities (a few examples are 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, etc.)
- Increase financial literacy
To apply, please email your grant proposal to This email address is being protected from spambots. You need JavaScript enabled to view it. . Feel free to be as creative as possible.
Annual Abacus Wealth Partners Charitable Grant Recipients
2011 Charitable Grant Recipients (each received $2,500):
Para Los Niños |
Helping children and their families succeed in school 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. |
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Bolder Giving |
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 |
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 trainings, 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. |
