Our Generosity Plan
Aka how we give away our money!
At Modernist Financial, we believe that structuring our wealth around our values is essential for our financial and life satisfaction. Generosity is a guiding principle in all our work. Philanthropy is an important structural pillar of the work we do with clients and in the community.
Our Generosity Plan is focused on:
Moving the needle on wealth inequality
Funding efforts and orgs led by those most impacted by injustice
Practicing intentional philanthropy alongside our clients and business community
We are committed to giving away at least 3% of our gross revenue annually, a structure that allows us to create budgetary permission for ourselves, and a benchmark in alignment with being a certified B Corp.
1% of that revenue is dispersed via the Modernist Donor-in-Movement Fund, built in partnership with Seeding Justice and intended to deepen our commitment to impacting racial wealth inequality. Modernist was the first business to set up a DMF with these philanthropic changemakers. We see this donation as an act of reparations and one way we can integrate justice and anti-racism work into how we operate.
In addition to our financial donations, our plan also includes:
Up to 5 days of paid volunteer time per employee
2 pro-bono financial life planning/cash flow workshops in partnership with local non-profits
1:1 pro-bono planning with Angel Fund clients (selected at Lead Planners’ discretion)
Feeling inspired?
We invite you to consider a Generosity Plan of your own!
Consider a 1-3% rule of your own - set aside a % of each paycheck or portfolio distribution for generosity.
Explore creating a Donor in Movement Fund at Seeding Justice
Start conversations in your community about what “Cultivating Generosity” could look like
Explore our DIY conversation guides in our Free Tools for the People
For example, our guided Modernist Money Stories conversation tool explores the question: “Is there a responsibility associated with wealth? If yes, what could it be?”