Type Private Website www.funds2orgs.com Founder Wayne Elsey | Industry Social Enterprise Headquarters Orlando Parent organization Elsey Enterprises | |
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Funds2orgs and corporate social responsibility csr
Funds2Orgs is a Orlando, Florida based social enterprise company. Founded in 2013, Funds2Orgs works with organizations to help them raise money collecting used and new shoes that are distributed to microentrepreneurs in developing nations.
Contents
Funds2orgs csr 60 second video
History
Funds2Orgs was founded by executive and philanthropist Wayne Elsey. While president at Kodiak-Terra USA, Elsey organized the shipment of 250,000 pairs of shoes to countries that were affected by the 2004 Indian Ocean earthquake and tsunami. The following year nearly one million pairs of shoes were delivered to the Gulf Coast States hit by Hurricane Katrina. After these two disasters Elsey decided to establish a nonprofit called Soles4Souls and in 2007 left Kodiak-Terra to become CEO. In 2012 Elsey left Soles4Souls and founded Funds2Orgs the following year.
Since inception, fundraising campaigns Funds2Orgs have worked on include "Feet for Francis" sponsored by the Archdiocese of Baltimore, "Million Pair Initiative" organized by cancer nonprofit The Half Fund, and "Shoe Me The Love", a fundraiser to purchase a wheelchair accessible van for a man afflicted with Duchenne muscular dystrophy.
Business Model
A micro-enterprise business, the aim of Funds2Orgs is to enable people to create their own self-sustaining economic path. Funds2Orgs purchases the shoes that their shoe drive fundraising partners collect in North America and sells them for a nominal fee to microentrepreneurs in developing nations who repair, clean, and re-sell the shoes in their local communities for a profit.
Company Portfolio
In January 2016 Funds2Orgs acquired Shoes With Heart, Southern California's leading shoe drive fundraising business. The same month Funds2Orgs announced the launch of subsidiary brand Sneakers4Funds focusing on organizations and athletic teams who are looking to raise funds by exclusively collecting athletic shoes.