This story was submitted by Personio
Personio Foundation is an independent foundation based in Germany. The entrepreneurial DNA of Personio and our founders guides the Foundation, together with a genuine commitment to responsibility, impact and innovation.
From day one, Personio’s shareholder agreement has included the commitment to transfer 1% of Personio’s equity to a charitable foundation at the time of an IPO. As a result of the 1% commitment, Personio Foundation is a shareholder in Personio whilst operating as a 100% independent entity from Personio.
However, as we cannot afford to wait to tackle our generation’s most pressing issues, Personio Foundation has already been launched in Q4 2021 to start supporting organisations that drive positive change for people and planet.
Besides the 1% equity stake, Personio Foundation received $3M in initial donations from our founders, Personio’s investors and from Personio to start operating.
