Purpose 2021 Annual Report
We founded Purpose with the mission of building a more just economy by rewriting the rules of who benefits and controls assets in the economy. We do this by creating new shared ownership models that move capital into the service of people, planet and community for the long-term.
Since 2018, we’ve worked with dozens of organizations ranging from mid-sized businesses, community-led initiatives, investment funds, to family offices and businesses preparing to IPO, in designing, implementing, and investing in innovative ownership and governance models. These initiatives share the common goal of designing resilient ownership structures to preserve purpose and ensure the balance of stakeholder interests and power.
The first chapter of our work was about making models possible and the next chapter is about mobilizing capital at scale for new models. Through our platform and offering of strategic programs and services, we’re building a flywheel to support more innovative, high impact projects and businesses while enabling more capital to move into non-extractive models.
As we look forward to our next chapter in 2022, please explore Purpose’s contributions to equitable ownership, key areas of engagement, and achievements over the course of 2021.