Wk. 3 EOC: Making Money for Good

Wk. 3 EOC: Making Money for Good
The first company I came across that uses their profits for good is Feed Projects, “a company that makes and sells luxury fashion handbags and other items to help raise awareness and money for the UN World Food Program, Unicef, and other charities.” - The Christian Science Monitor, Scott Henderson The company was co-founded by Lauren Bush and started in 2006 when she designed a bag that would benefit the United Nations' World Food Programme's (WFP) School Feeding program. The WFP feeds and educates hungry children in Asia, Latin America, and Africa. Lauren first created the Feed 1 bag, which is a reversible burlap and organic cotton bag that is much like the bags used by the WFP to distribute food. Bags are stamped with the number “1” and the quote “FEED the children of the world.” The sale of one bag feeds and keeps one child in school for one year.
Feed is a one for one program. For every bag sold, another is donated. These bags are filled with things needed by the people they are given too. For example, one FEED Health backpack sold here will donate a backpack filled with medical supplies to a medical professional in Millennium Village in Africa.
The next company I found doing good with their profits is Fenugreen. This company developed FreshPaper, a product used to keep food fresher for longer. “Revenues generated through sales help to support the research and development of more solutions to further reduce the global issue of food spoilage.” – The Christian Science Monitor, Scott Henderson Farmers grow enough food to feed our planet, yet many are starving. Twenty five percent of the world’s food is lost to spoilage. Fenugreen is working to solve this problem with their FreshPaper. FreshPaper is a mixture of edible organic extracts. The sale of FreshPaper goes to help donate more to food banks, food pantries, and those without refrigeration who wish to provide healthy, fresh alternatives to the hungry.
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http://www.csmonitor.com/World/Making-a-difference/Change-Agent/2012/0411/Young-entrepreneurs-do-good-and-make-a-profit