08-02-2023
06:58 PM
- last edited on
06-27-2024
06:39 AM
by
Michelle Fifis
Kia ora / hello Pledgers.
I'm interested to hear from organisations pledging 1% profit.
I'd love to understand:
- How do you calculate / plan for profit being delivered (e.g. do you deliver 1% of the previous years' profit / 1% average over the last few years / 1% based on projections)?
- Have you started delivering in one way, and then changed? If so - why?
Thanks for any insights or thoughts from the community 🙂
Solved! Go to Solution.
09-05-2023 07:01 PM
Hi - an sorry for the delay in replying! Happy to share our approach at Atlassian Foundation, ours has changed from when Atlassian first took the Pledge to now (with a formal Foundation structure there are different legal requirements in Australia) but with others we've seen 1% of the previous fiscal year committed to be spent in the following, but this is partially an accounting choice also.
09-05-2023 07:01 PM
Hi - an sorry for the delay in replying! Happy to share our approach at Atlassian Foundation, ours has changed from when Atlassian first took the Pledge to now (with a formal Foundation structure there are different legal requirements in Australia) but with others we've seen 1% of the previous fiscal year committed to be spent in the following, but this is partially an accounting choice also.
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