Capitalists For Shared Income
An Innovative Response to Income Inequality
Phase 2
In Sep-2023, C4SI launched a campaign for the Investment Pool.
Currently, C4SI’s board is covering 100% of all operating expenses through 12/31/2027 but we want C4SI to be self-funded. An Investment Pool of $600K would generate a small management fee that would cover C4SI’s baseline expenses. To that end, C4SI is attempting to find 100 donors that will donate >=$5K to raise an additional $500K to the Investment Pool.
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All Phase 2 donors receive three things when they donate:
a) a C4SI t-shirt!
b) a quarterly report, detailing the value and impact of their donation.
c) a "5-year option" that gives the donor an opportunity to re-purpose the value of their investment Pool donation (because it is invested, not spent!) to another Human Services charity if C4SI does not reach its Phase 2 fundraising goal or certain Impact Metrics aren't met.
C4SI worked with a law firm in Palo Alto, CA (Weil, Gotshal & Manges LLP) to offer this option to Phase 2 donors. Offering this option simplifies the decision process for a Phase 2 donor:
Will one donate $5K to human services charities over the next 5 years?
If so, one can donate $5K to C4SI now, and let C4SI beta-test its vision for a Capitalist Sovereign Wealth Fund invested to put cash in the hands of those living in poverty.
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If C4SI misses its Phase 2 fundraising goal or certain Impact Metrics aren't met, the Phase 2 donor will have the opportunity to re-purpose the value of their investment Pool donation to another Human Services charity.
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Phase 2 Donations
09/05/2023 $5,000.00
09/15/2023 $5,000.00
09/25/2023 $5,000.00
10/23/2023 $20,000.00
12/11/2023 $16,285.38
08/26/2024 $5,000.00