51% of Vivolor® Therapeutics Inc profits are donated to the poor and needy
Criteria for Donations
Organizations that help recipients help themselves, restoring dignity and not creating dependency. Organizations that provide training and support for long-term transformation of the recipients. In other words, teaching recipients to fish and run a business, not just giving them a fish.
Organizations that have a record and history of examples of long-term transformation of the recipients and that get at the root of problems in poor communities. Organization that help eliminate systemic poverty.
Help the poorest
Provide substantive impact to the poorest of the poor, those who are hunger, needy or oppressed.
Good stewards of resources
Organizations with reasonable administrative overhead costs, so that the majority of funds donated go to help the recipients, not just run the organization.
Sustainable model (desirable)
Organizations that are moving towards greater sustainability where activities are self-financing and do not constantly require inflow of new funding. Organizations with infrastructure that is effective and repeatable.
Examples of organizations that meet Vivolor® Therapeutics’ Criteria for Donations
Microfinance non-profit that serves the poorest of the poor offering business loans, training, and education on saving with the goal to “eradicate extreme poverty in our lifetime”. Every dollar donated continues to work for decades as it gets re-loaned again and again.
When Iris started in Mozambique, it was officially listed as the poorest country in the world. Iris offers training, schools, medical clinics, child sponsorship and will soon offer a university for the poor.
Non-profit that equips entrepreneurs in poor regions (primarily Africa) to impact their community and help alleviate poverty