16.05.07 Challenge to companies to donate 10% profits to charity
North Wales Director Issues Challenge to Companies to Donate 10% of their Profits to Charity
Ten-Percent, the online UK recruitment group, have donated 10% of their profits to charity, and MD & qualified solicitor Jonathan Fagan calls on larger companies to follow suit and do the same. "When you look through the financial reports from blue chip companies, often their charitable donations are less than ours, and we have an annual turnover of less than £1/2 million, a fraction of the amount a company like Tescos generates in an hour. If every company did this, we could achieve significant change in the world, and make companies look more socially and ethically responsible to their customers than they do now." The company is an online operation specialising in the recruitment of lawyers, with 5 consultants covering the whole of the UK and beyond. One of the dotcom survivors from 2000, it has been expanding ever since.Challenge issued by North Wales Director for companies to donate 10% of profits to charitywww.ten-percent.co.uk, the online recruitment group based in North Wales, have donated 10% of their annual profits to charity for the past 7 years, and MD & qualified solicitor Jonathan Fagan calls on larger local and national companies to follow suit.
"When you look through the financial reports from blue chip companies, often their charitable donations are less than ours, and we have donated over £20,000 on an annual turnover of less than £1/2 million, a fraction of the amount a company such as Tesco generates in an hour's trading. If every company did this, we could achieve significant change in the world, and make companies look more socially and ethically responsible to their customers than they do now. Think of the difference we could make just here in North Wales".
The Ten-Percent Foundation was established in 2002, and the company donates 10% of profits to the charitable trust every year with grants being paid out to UK and African charities. To date the company has enjoyed paying for cows and livestock in East Africa through SendaCow.org, digging wells with Wateraid, supporting the schooling of children in Zambia through Cecilys Fund, funded a youth worker in Stoke on Trent and youth work in Merseyside, donated to solicitors support charity LawCare (helping alcoholic and suicidal lawyers), a Denbighshire childrens charity, sponsored a horse for Clwyd Riding for the Disabled, paid for various activities for the Parkinsons Society and the British Stroke Association, and hopes to continue to support activities for years to come.
"We believe that making money and generating profits does not need to be done to the detriment of anything else, and as a company we derive great pleasure from supporting those around us who need assistance. I call on other companies to follow suit, perhaps set up competitions or nomination panels amongst their employees, and get donating time, profits and effort to support community and international projects."
Fagan continued: "My company's motivation stems from the tithe laws of ancient times, where the clergy received 10% of anything in their village to pay for their upkeep, whether wine, women, song or honest hard grafting! I have always been interested in this take on life, and even if Ten-Percent.co.uk Limited continues to expand to generate significant profits, we will continue to donate at 10%." Living and working in Mold, North Wales, Fagan says he has found that the community around him is in need of similar funding to support community and environmental activities, and some of the money from the Foundation has been earmarked for this.
The company is an online operation specialising in the recruitment of lawyers, with 5 consultants covering the whole of the UK and beyond working over the internet out of offices in North Wales. One of the dotcom survivors from 2000, it has been expanding ever since. The company has a reputation online for absolute honesty to all users, and actually tells it like it is to just about everyone, from customers to candidates.
North Wales Director Issues Challenge to Companies to Donate 10% of their Profits to Charity
Ten-Percent, the online UK recruitment group, have donated 10% of their profits to charity, and MD & qualified solicitor Jonathan Fagan calls on larger companies to follow suit and do the same. "When you look through the financial reports from blue chip companies, often their charitable donations are less than ours, and we have an annual turnover of less than £1/2 million, a fraction of the amount a company like Tescos generates in an hour. If every company did this, we could achieve significant change in the world, and make companies look more socially and ethically responsible to their customers than they do now." The company is an online operation specialising in the recruitment of lawyers, with 5 consultants covering the whole of the UK and beyond. One of the dotcom survivors from 2000, it has been expanding ever since.Challenge issued by North Wales Director for companies to donate 10% of profits to charitywww.ten-percent.co.uk, the online recruitment group based in North Wales, have donated 10% of their annual profits to charity for the past 7 years, and MD & qualified solicitor Jonathan Fagan calls on larger local and national companies to follow suit.
"When you look through the financial reports from blue chip companies, often their charitable donations are less than ours, and we have donated over £20,000 on an annual turnover of less than £1/2 million, a fraction of the amount a company such as Tesco generates in an hour's trading. If every company did this, we could achieve significant change in the world, and make companies look more socially and ethically responsible to their customers than they do now. Think of the difference we could make just here in North Wales".
The Ten-Percent Foundation was established in 2002, and the company donates 10% of profits to the charitable trust every year with grants being paid out to UK and African charities. To date the company has enjoyed paying for cows and livestock in East Africa through SendaCow.org, digging wells with Wateraid, supporting the schooling of children in Zambia through Cecilys Fund, funded a youth worker in Stoke on Trent and youth work in Merseyside, donated to solicitors support charity LawCare (helping alcoholic and suicidal lawyers), a Denbighshire childrens charity, sponsored a horse for Clwyd Riding for the Disabled, paid for various activities for the Parkinsons Society and the British Stroke Association, and hopes to continue to support activities for years to come.
"We believe that making money and generating profits does not need to be done to the detriment of anything else, and as a company we derive great pleasure from supporting those around us who need assistance. I call on other companies to follow suit, perhaps set up competitions or nomination panels amongst their employees, and get donating time, profits and effort to support community and international projects."
Fagan continued: "My company's motivation stems from the tithe laws of ancient times, where the clergy received 10% of anything in their village to pay for their upkeep, whether wine, women, song or honest hard grafting! I have always been interested in this take on life, and even if Ten-Percent.co.uk Limited continues to expand to generate significant profits, we will continue to donate at 10%." Living and working in Mold, North Wales, Fagan says he has found that the community around him is in need of similar funding to support community and environmental activities, and some of the money from the Foundation has been earmarked for this.
The company is an online operation specialising in the recruitment of lawyers, with 5 consultants covering the whole of the UK and beyond working over the internet out of offices in North Wales. One of the dotcom survivors from 2000, it has been expanding ever since. The company has a reputation online for absolute honesty to all users, and actually tells it like it is to just about everyone, from customers to candidates.
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