Family-owned companies are including philanthropy as a fundamental part of their business model, dedicating significant funds to worthy charities and causes.
Evan Metropoulos, of Metropoulos & Co., says his family has translated its core values and principles to active charitable giving. The company became a signatory to The Giving Pledge, an initiative of billionaires Warren Buffett and Bill and Melinda Gates, pledging more than half of the company’s wealth to philanthropy. According to Mr. Metropoulos, the company takes pride in its giving and its role in modeling good corporate practices.
“It has proven to be good for business, too. We are recruiting and keeping fantastic employees who are committed to what we stand for and give to. Our clients and the wider community want to be a part of generating positive change in the world.”
Evan Metropoulos, Metropoulos & Co.