Each year I give one-percent of gross revenues to nonprofit charities. I like to give what I call the first one-percent to charity, not a percent of what’s left over after expenses.
This is because my company operates in a community where many supports allow me to be successful. A healthy environment and healthy people are foundational for the success of my business, not an afterthought. My community is the ground on which my company stands. I’m happy to take 1% right off the top and give it to charities in my community. I wish every company did that.
All of us are forced to give to our communities through taxes. Most tax money goes to buy stuff to help the government run, but some gets sent back out into communities to help the more needy among us. Think funding for public education, public housing, food assistance, health care, transportation subsidies, and in many other ways.