Foundation Quote by Ronnie Screwvala
“When we started our foundation, I was less than 30 years old. We pledged that 10 per cent of our profits, whatever the amount, would be used for a social cause, and that we would be actively involved in that cause.”
About This Quote
Source Interview: Business Leaders on Social Impact, 2015
A young entrepreneur committed a fixed share of profit to social causes and personal involvement, emphasizing responsibility beyond profit.
In simple terms: Young founder promised profit share for social good.
Key Takeaway
Allocate a set profit portion to cause work.
Themes
social responsibility
entrepreneurship
philanthropy
Mood
inspirational
determined
Type
advice
philosophical
When to use this quote
- startup launch
- corporate CSR
- community projects
Key Concepts
profit sharing
active engagement
impact investing
Questions to Reflect On
- How will you sustain donations during lean periods?
- What causes align with your brand?
A Different Perspective
Profit sharing may strain cash flow if revenues dip.
![“I kind of started with this foundation, and tried to do all the research I could do for Alice [Cullen], and then every time a [new] director would come in, they have their own artistic take on things and add in new elements. And a lot of times they would ask, "What did you love that you portrayed…” quote by Ashley Greene](https://sms4smile.com/quotes/img-quotes/b3f/ashley-greene-4512_add_i-kind-of-started-with-this-foundation-a_390884.jpg)
![“Many years ago, I started a foundation [Wayuu Taya Foundation] to help improve the life of Latin American indigenous people, providing them with food, medical attention, education, and also focusing on sustainability.” quote by Patricia Velasquez](https://sms4smile.com/quotes/img-quotes/a64/patricia-velasquez-22062_attention_many-years-ago-i-started-a-foundation-wa_3222857.jpg)
