SecurCapital Launches Philanthropic Corporate Structure

 

LOS ANGELES, CA / ACCESSWIRE / February 27, 2018 / SecurCapital Corp has launched its integrated philanthropic company, SecurFoundation, pledging it company’s equity, technology, earnings and people to improve communities around the world. SecurCapital has adopted the 1-1-1-1 model designating 1% of its equity in its capital structure, 1% of its products, 1% of its earnings, and 1% of its employee’s time to charitable causes. SecurCapital will initially be working with non-profits and educational institutions to accelerate their specific initiatives within the social enterprise.

 

“Every company has a responsibility for allocating some of their assets to the social good,” said SecurCapital Chairman, Steve Russell. “This can apply in so many ways, such as providing internships for better job training and opportunities or supporting events that raise funds for good causes and contributing thousands of hours to worthy causes across a broad chain of philanthropic initiatives,” said Russell. “SecurCapital was influenced by Salesforce Foundation which pioneered the ‘1-1-1 Model’ 18 years ago and has taken the pledge to start their foundation at inception of the company with its equity contribution.” Russell stated the SecurFoundation website will be launched by March 1st.