A community of Airfam who have pledged to donate part of our equity to support the causes we care about most.

## Who we are

[Equity for Impact](https://www.equityforimpact.com) is a community of Airbnb alumni, employees, and investors who are committing to give a portion of our resources toward causes that will benefit our communities and our world.

## Our principles
### Give any amount
All donations have impact, big or small. A windfall event can be a great time for generosity.

### Lead the change for good in tech
Inspire other tech companies and employees to help their communities after benefitting from an IPO.

### Get help finding the right charity
You don't have to do it alone. We can help you choose the charities that align with your values and give in a way that maximizes impact. See [our guide](https://equityforimpact.com/how-to-think-about-charity) on how to think about giving.

### Donate how you want
How you donate is entirely up to you, whether you donate directly to a charity or go through a donor advised fund or private foundation. For cash donations, the easiest way to make them is right here in our Every.org community.

## How it works
1. **Take the pledge** - Choose the percentage or amount that’s right for you, and commit to donating some of your equity proceeds to the charity of your choice.
2. **Learn and share** - After you take the pledge we’ll send along educational resources you can share to promote your cause and inspire other Airfam members to join you in the pledge.
3. **Donate** - When it’s time, we’ll send you a reminder so you can make good on your pledge.

## About us

This initiative is created by and for Airbnb alumni and employees, led by Janet Frishberg (Airfam ’13-’19, Recruiting) and Phillippe Siclait (Airfam ’12-’18, Engineering). We’ve assembled a small, volunteer team from the Airfam to help build and launch Equity for Impact, supported by the nonprofit Founders Pledge.

Support highly-impactful, evidence-based solutions to reduce animal suffering on a global scale. 

At least 75 billion farmed land animals and more than a trillion fish are slaughtered each year. That is more than 2000 land animals and 25,000 fish are killed every second. This is possible due to the mechanization and intensification of factory farming, driven by global increase in demand for meat.

Although this situation seems bleak - and the numbers almost too large to comprehend - there are reasons to be hopeful. Recent years have seen rapid progress in the animal welfare movement. Many large companies have pledged to phase out or drastically reduce some of their industry’s most harmful practices. Governments have banned some of these practices outright. And companies working to commercialize alternative proteins, such as plant-based meats, have raised billions of dollars from investors. Yet farm animal welfare remains highly neglected, with just 0.03% of US philanthropic funding going to this cause in 2017. 

By giving to the Founders Pledge Animal Welfare Index, you can spread your donation across several highly-impactful and neglected global initiatives to alleviate suffering and improve the conditions of factory-farmed animals. By pooling your donations, this Index fund allows you to make larger grants and thereby maximize your impact.

### Our Approach to Grantmaking
When evaluating potential grants, we consider several key points:

- **Counterfactual impact.** Our grants are designed to create a meaningful outcome that would not otherwise have happened. This means that you can rely on the Funds to create meaningful, real change, rather than just maintaining the status quo.
- **Impact-driven philanthropy.** The goal of this fund is maximal positive impact, irrespective of this impact being “sexy” or visible. This means we will focus on opportunities that others focused on clear attribution of their work or shiny outcomes might neglect.
- **The organization’s funding gap.** Not all organizations are set up to scale up their programming and many can’t productively absorb large amounts of unsolicited funding. We evaluate all potential grantees’ capacity for growth and consider how much money they could put to good use.
- **Organizational strength.** Particularly with unrestricted funding, it’s important to have trust in the leadership and capacity of the organizations we support. We look at their track record of success and their transparency about failures as well as successes, and we only support those organizations which are exceptionally well run.


To learn more about our approach to Animal Welfare as a cause area, please visit [www.founderspledge.com](https://www.founderspledge.com/research/topic/animal-welfare).

Founders Pledge: Animal Welfare Index

We target opportunities where small investments can generate extraordinary impact and create lasting change.

There are many charities that address global poverty and suffering. 

With our Global Health & Development (GHD) **Catalytic Impact Fund**, we try to find the strategic pressure points where modest funding unlocks transformational change. 

By prioritizing these leverage points, we help donors maximize their impact in building sustainable, long-term solutions to global poverty and suffering — saving and improving as many lives as possible with each dollar.

What does catalytic impact look like?

- **We trigger systemic improvements**: We support investments that create new long-term infrastructure or increase the cost-effectiveness of existing systems.
- **We remove key bottlenecks**: We identify and remove barriers that stand in the way of accelerated impact.
- **We crowd in capital**: We provide early-stage funding that attracts substantial follow-on investment for cost-effective opportunities.

### Our Approach to Grantmaking

When evaluating potential grants, we consider several key points:

- **Counterfactual impact**. Our grants are designed to create meaningful outcomes that would not otherwise have happened. This means that you can rely on the Funds to create meaningful, real change, rather than just maintaining the status quo.
- **Impact-driven philanthropy**. This fund prioritizes the highest-impact solutions to challenges. We assess where the gaps are, which opportunities may be neglected by other funders, and where the biggest wins are in terms of making the biggest difference.
-  **The organization’s funding gap**. Not all organizations are set up to scale programs and some may not be able to productively absorb large amounts of unsolicited funding at any given point. We evaluate all potential grantees’ capacity for growth and consider how much money they could put to good use.
-  **Organizational strength**. Particularly with unrestricted funding, it’s important to have trust in the leadership and capacity of the organizations we support. We look at their track record of success and their transparency about failures as well as successes, and we only support those organizations which are exceptionally well run.
- **Time-critical opportunities and funding certainty**. Sometimes there are time-critical opportunities which require fast decisions. We will use the Fund to make grants that enable such short-term opportunities and stability for high-impact funding opportunities thereby increasing the impact compared to individual giving to specific organizations.

### Frequently-Asked Questions

**Can charities apply for money from the Fund?**

Founders Pledge reviews [requests for funding](https://www.founderspledge.com/requests-for-funding) from organizations, but does not guarantee we can fill funding requests.

**How frequently will you make grants from the Fund?**

In general, Fund Managers will review grantmaking decisions on a quarterly basis, based on the value of Funds and the available options for high-impact grantmaking. We may disburse funds outside of quarterly review dates if we become aware of a particularly promising and time-sensitive funding.

**How will my contribution be used?**

All funds are granted out — every dollar contributed to the Fund will be used to make grants directly to end-user organizations creating a real difference.

### More Questions?

To learn more about the Founders Pledge GHD Catalytic Impact Fund, please visit [founderspledge.com](https://founderspledge.com/funds/global-health-and-development-fund) or email the team at [funds@founderspledge.com](mailto:funds@founderspledge.com).

Founders Pledge: GHD Catalytic Impact Fund

Supporting highly-impactful, evidence-based solutions to the triple challenge of climate change, air pollution and energy poverty.

The Founders Pledge Climate Fund exists to leverage each dollar and fund the most effective, neglected climate solutions.

Climate change is an incredibly complex problem borne out of how we produce and consume energy; it's intertwined with challenges of economic development, energy poverty, and emissions-fueled air pollution. It is an environmental and humanitarian crisis we must urgently address.

We aim to take a holistic approach that recognizes the global nature of this challenge and the fact that, despite its urgency, we are still in the early days of climate action. We address the worst-case scenarios of climate damage, and look for solutions that can reduce current carbon emissions and accelerate the transition to clean energy to meet global demand, especially in developing countries. Through the Fund, we:

- Accelerate innovation in neglected technologies
- Catalytically grow the most effective climate organizations
- Promote policy leadership and paradigm shaping

### Our Approach to Grantmaking
When evaluating potential grants, we consider several key points:

- **Counterfactual impact.** Our grants are designed to create a meaningful outcome that would not otherwise have happened. This means that you can rely on the Funds to create meaningful, real change, rather than just maintaining the status quo.
- **Impact-driven philanthropy.** This fund prioritizes the highest-impact solutions to challenges. We assess where the gaps are, which opportunities may be neglected by other funders, and where the biggest wins are in terms of making the biggest difference.
- **The organization’s funding gap.** Not all organizations are set up to scale up their programming and many can’t productively absorb large amounts of unsolicited funding. We evaluate all potential grantees’ capacity for growth and consider how much money they could put to good use.
- **Organizational strength.** Particularly with unrestricted funding, it’s important to have trust in the leadership and capacity of the organizations we support. We look at their track record of success and their transparency about failures as well as successes, and we only support those organizations which are exceptionally well run.
- **Time-critical opportunities and funding certainty.** While Founders Pledge members give to our top climate charities regularly, sometimes there are time-critical opportunities which require fast decisions. We will use the Fund to make grants that enable such short-term opportunities and stability for high-impact funding opportunities thereby increasing the impact compared to individual giving to specific organizations.
- **Portfolio approach.** Because most climate damage comes from particular severe outcomes – with a world of 4 degrees of warming being much worse than twice as bad as a world with 2 degrees – and because every particular strategy – such as energy innovation – might underdeliver, we pursue a portfolio approach to maximize positive impact. This means we will diversify our bets in ways that, when one approach fails (such as energy innovation), the others we promote (such as carbon removal) can be expected to be particularly important and still available.

### Frequently-Asked Questions

**Can charities apply for money from the Fund?**
The Funds do not generally accept applications from charities, and we request that charities do not send unsolicited applications for funding. If the Fund Managers choose to open up an application round, this will be publicized.

**How frequently will you make grants from the Fund?**
In general, Fund Managers will review grantmaking decisions on a quarterly basis. Decisions will be made based on the value of Funds and the available options for high-impact grantmaking. We may disburse funds outside of quarterly review dates if we become aware of a particularly promising and time-sensitive funding.

**How will my contribution be used?**
All funds are granted out. The Fund is not an investment vehicle. The Fund does not use any percentage of contributions to cover staff time or other overhead costs. Every dollar contributed to the Fund will be used to make grants directly to end-user organizations creating a real difference.

### More Questions?

To learn more about the Founders Pledge Climate Fund, please visit [founderspledge.com](https://founderspledge.com/funds/climate-change-fund) or email the Fund Managers at [funds@founderspledge.com](mailto:funds@founderspledge.com).

Founders Pledge: Climate Fund

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Founders Pledge: Animal Welfare Index

Founders Pledge: GHD Catalytic Impact Fund

Founders Pledge: Climate Fund

AirBnB's Equity for Impact