USA Today reports that besides the "...$500 million worth of (a technology entrepreneur's) stock to the non-profit Silicon Valley Community Foundation, which helps donors manage and identify charitable funds that are in line with their philanthropic passions," and the about $900 million donated last year by three high-profile tech CEO's, Silicon Valley's high tech iconoclasts are inventing "philanthrocapitalism."
Not For Sale,
an anti-human-trafficking and anti-slavery non-profit backed by Path,
Causes.com and Humanity United...Sales of REBBL could pump close to $50,000 into NFS in its first year, and more than $775,000 annually later."
REBBL was created around the idea of impact sourcing. Standing for
“Roots, Extracts, Berries, Bark, and Leaves,” REBBL is an herbal tonic
to not only further physical well-being, but also contribute to the
growth of jobs and social economies in areas plagued by labor
exploitation. While the indigenous communities do not have the
infrastructure to produce all the necessary ingredients, the REBBL team
devised a three-part strategy to make this sourcing possible, explains the Not for Sale website.
The Daily Prism will feature the above non-profits in future posts.