When Matt Paulson started MarketBeat in Sioux Falls, SD, more than a decade ago, he didn't set out to make the financial media company the philanthropic leader it is today.
But that's exactly what he's done, thanks to an employee-led philanthropy program that's now in place.
"We value the unique perspectives and passions of our employees," Paulson says in a press release.
"This strategic decision goes beyond merely supporting community needs....
It has sparked a transformative shift among employees, fueling their passion and commitment."
To that end, MarketBeat has set up a rotating committee of employees to help make philanthropic decisions, as well as a "more effective and efficient process for reviewing requests," per the press release.
Employees can apply for funding up to $5,000, and final decisions are made by the committee, which is made up of five employees.
"By helping MarketBeat better understand our professional and corporate giving behaviors and priorities, we've developed a strategy and matrix to guide philanthropic investment decisions," MarketBeat's chief financial officer says.
"We've also established a more effective and efficient process for reviewing requests, with an added element of employee engagement."
MarketBeat will match up to $2,000 per employee, or $4,000 per year for a
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