M Street Systems
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We do not take applications, but we do accept ideas.
M Street donates 10% of revenue to charitable causes. Each dollar that hits our account sends 10% into a giving pledge account, and that account is donated in full each month.
The Giving Pledge is treated as a first-class expense.
10% is before any of our expenses. It represents true 10% of any dollar that makes it to our account. This isn't an accounting afterthought, it's a structural reality of how our bank accounts are set up, no manual review until we give the money away. We don't claim any tax advantages, claiming the deduction is not mandatory and we think paying taxes is generally reasonable and we think that claiming deductions would be against the spirit of the deal.
Boundaries
Less visible work often matters more than visible work.
Underfunded
We prefer charities that are not already flush with attention, branding, and money. In fact, we don't fund those charities.
Any size
We like finding projects where someone has taken on more than they should have and giving them a little boost, or a big one.
Focus
We are interested in humanitarian work, as well as projects oriented around immediate needs. However, we're flexible and don't have a strict mandate.
No applications. Ideas are welcome.
Place it here
We do not take applications, but we do accept ideas. If you have something you think we should look at, place it here. We check all of it.
The pledge is permanent for as long as M Street exists.
It is simply not fair that some of us get to pursue anything we choose, living and traveling in luxury while we do it, while half the world lives in poverty.
We encourage other companies working in finance to consider making similar commitments, 1% is also an excellent round number.
M Street is committed to the Giving Pledge for as long as it exists, and it will always be treated as a first-class expense.