Original post here.
Author: Reddit
We proudly announce that today Reddit has joined Pledge 1% to help support and grow communities that are driving social good online and in real life. Pledge 1% is a nonprofit and global movement of over 18,000 companies in 100 countries that inspires, educates, and empowers every entrepreneur, company, and employee to be a force for good.
We believe that Reddit is one of the most human places on the internet. Our communities play an impactful role in driving change and building a better future. Since Reddit’s founding, we have seen how communities create a positive impact and take action for the causes they believe in. From organizing local trash cleanups, raising donations for food banks and conservation funds, hosting an art gallery exhibition promoting local artists, printing redditor usernames on a Talladega racecar for a “ride-along” experience, and sending care packages to healthcare workers, communities are continuing to change the world every day.
“Communities play a special role in enabling human virtues and bringing more good in the world,” said Steve Huffman, Reddit CEO. “I’m constantly inspired by the creativity of Reddit users and communities. I’m excited to see people continue to do incredible things with support from our Pledge 1% commitment.”
Joining Pledge 1% means making a long-term commitment to reserve 1% of our common stock over 10 years to fund community-related programs. This commitment allows us to continue supporting the positive impact of our communities and investing in new opportunities that align with our mission to bring community, belonging, and empowerment to everyone in the world. We will also be able to build upon our one-of-a-kind Community Funds program that gives real people funding to bring community ideas and passions to life.
“Reddit is a community of communities, and we have seen firsthand the positive real-world impact that people have when empowered with the right resources,” said Roxy Young, Chief Marketing and Consumer Experience Officer at Reddit. “By joining Pledge 1%, we will further activate our communities in meaningful ways to help advance their interests and reach their impact potential.”
“As a business focused on empowering communities, Reddit is successfully integrating social impact into their business in a way that’s aligned with their values,” said Amy Lesnick, CEO of Pledge 1%. “This makes Reddit an incredibly important role model for other companies as we strive to transform the default DNA of every company to have social impact ingrained.”
We are thrilled to join a global network of companies that support the social good of communities today and tomorrow. We look forward to sharing more about how we are funding community-related initiatives that align with Reddit’s Community Values and empower people to do even more.
About Pledge 1%
Pledge 1% is a nonprofit and global movement that inspires, educates, and empowers every entrepreneur, company, and employee to be a force for good. Over 18,000 companies in over 100 countries around the world have taken the pledge and used Pledge 1%'s flexible framework to build their social impact programs. To learn more about Pledge 1%, and how your company can get involved, visit pledge1percent.org.
