1% of Nothing is an incredible way for startups (and any company for that matter) to donate 1% of their equity to the cause of your choice:

“The idea is that an entrepreneur identifies a cause that they’d like to support and pledge, at a minimum, 1% of their equity to that cause. If and when that company gets acquired, goes public, etc., that equity then turns into cash for that cause, instantly. Additionally, the entrepreneur that donates their 1% actually gets a tax write-off benefit, sweetening the deal even more. But it’s not just about write-offs. It’s about creating a case for change. By donating their equity to a cause their interests are now aligned together. And it’s not just for brand new companies, the structure of the 1% allows any company at any stage to pledge.”