Giving Model Report 2022
Published:
September 1, 2022
https://www.thebusinesspickle.com/pickles/giving-models
TOMS was built on an in-kind donation model. Rather than distributing funds directly to impact partners, they donated goods. TOMS established a number of partnerships with nonprofit organisations to distribute the shoes to people in need across more than 80 countries. A number of businesses followed suit, including the eyeglasses company, Warby Parker, with their ‘buy a pair, give a pair’ program.