$1M in donations, 3 liquidity events, 34 events... it's all captured in our 2020 Impact Overview 2020 Impact OverviewX
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Founders start companies to make an impact.
The Upside Foundation makes it easy.
The Upside Foundation enables founders of early-stage, high-growth Canadian companies to build social responsibility into their business by pledging equity to the charity of their choice, and join a community of like-minded entrepreneurs.
- ✔ Align your company's success with your impact goals
- ✔ Join a community of like-minded founders
- ✔ Build social responsibility into your brand and culture
Hundreds of early-stage, high-growth Canadian companies have shared their upside:
ranging from well-known Canadian success stories to high potential companies early in their journey
HOW IT WORKS
There are many forms of charitable donations, but only one is perfectly suited to startup founders
Company donates stock options, warrants, or personal proceeds (typically 1%) to Upside
Company has a liquidity event (goes public or gets acquired)
Cash proceeds are donated to the charity of the company's choice
Upside Members have already generated so much value for their communities, and with hundreds of pledges from growing companies, the impacts are just beginning
Donated to charities
"When you start a business, the only thing on your mind is, 'will this be successful?'. Giving might not be the first thing that comes up. But it's so easy to set this up right at the start, and it's a great foundation to build a business on top of."
Mike Katchen, Co-founder & CEO of Wealthsimple
"It’s important to me that our company has a positive impact even beyond the products we provide, like making Borrowell a great place to work for a diverse range of people. I’m very supportive of charitable giving and pledging to the Upside Foundation was a no-brainer."
Eva Wong, Co-founder & COO of Borrowell
"Whether you’re in the early stages or a well-established start-up nearing exit, it always makes sense to support charities that serve your users and mean something to your team."
Allen Lau, Co-founder & CEO of Wattpad
Many values-aligned industry leaders support Upside's work and connect Members to exclusive opportunities that help them scale
We are proud to partner with so many leading organizations in the Canadian tech ecosystem
OUR COMMITMENT TO DIVERSITY, EQUITY, INCLUSION
At Upside, we are committed to better understanding the role we play in broader social and economic systems that are lacking in diversity, and do not provide equitable opportunities for all. We continuously strive to improve the diversity of our team, and ensure that founders from diverse backgrounds have an opportunity to benefit from the Upside community. We want to ensure that our programming is inclusive, and to leverage our position in the industry to advance thinking about how we can be anti-racist and anti-oppressive, both in how we build companies and how we invest in our communities through philanthropy.
See our social platforms for new Member announcements, event reflections, and more.
Ready to bring your values to life in your company?
Fill out the one-minute pledge form,
or explore if Upside is a fit for you