We found a new way to support our Non-Profit Literacy Partners

Posted by admin on 06.16.2009 at 1:24 pm

Great news!  As you probably already know, promoting literacy has always been woven into the fabric of our business.  Now we’re delighted to announce we’ve given an ownership stake to our non-profit literacy partners.   Yup…we’ve granted Incentive Stock Options to these partners – as far as we know, a first for social enterprise.

The purpose of the plan, put together with the help of our primary investor, Good Capital, is to ensure that our literacy partners can have a stake in and share in our financial success.

We’ve put aside roughly 5% of the company for use in stock option grants to an initial group of five literacy partners (with potential to add others in the future):  Books for Africa, Invisible Children, Room To Read, WorldFund and the National Center for Family Literacy.

One of our fearless leaders Xavier Helgesen puts it best:  “We created Better World Books to show that it is possible to do good while at the same time run a successful company.  Our literacy partners are essential to our mission, and we want them to flourish.  Today’s announcement ensures that as our company grows, our partners will too.”

Check out the press release to get all the details. Or read more about it at Change.org.

3 Comments » | Tagged Impact, Our Partners, better world books, books for africa, Good Capital, Incentive Stock Options, invisible children, National Center for Family Literacy, room to read, Social Enterprise, social entrepreneurship, worldfund, Xavier Helgesen

We can’t thank you enough!

Posted by Dana on 05.07.2009 at 12:31 pm

It is because of you — all of you — our amazing customers, book drive organizers, librarians, fans and friends that we were voted THE MOST PROMISING SOCIAL ENTREPRENEUR by Business Week.

We are so proud of what your support has been able to do for our Non-Profit partners.  So far we have:

With your help, Books for Africa, Invisible Children, Worldfund, Room to Read and the National Center for Family Literacy are doing amazing things to increase literacy around the world!

Thanks!  And please keep spreading the word!

2 Comments » | Tagged Impact, Our Partners, book drive, books for africa, business week, BusinessWeek, invisible children, National Center for Family Literacy, room to read, social entrepreneur, social entrepreneurship, Social Impact, Winner, worldfund

Welcome Invisible Children!

Posted by admin on 12.04.2008 at 6:44 pm

Check out the following video and info on our newest partner, Invisible Children.  The last video I saw from them caused tears in 150+ employees in the Green House, so you know they can make an awesome video.  Story below…

Invisible Children has linked up their amazing “Schools for Schools” program with Better World Books, and the results are sure to be spectacular.  Haven’t heard about IC?  Well, they’re an amazing group of folks in SoCal who have created a documentary and mobilized a nation’s worth of students to help partner schools in Uganda.  Why Uganda? Read more…

12 Comments » | Tagged Impact, Our Partners, africa, book drives, invisible children, schools for schools, uganda

Invisible Children and Better World Books Team Up for “World’s Biggest Book Drive”

Posted by Jack on 10.21.2008 at 10:12 am

ATLANTA, GA – This fall, media-based non-profit Invisible Children will connect students to the overwhelming crisis in Africa in a totally new way – with a documentary told from the perspective of high school students. GO, the first of its kind, is the story of a group of students that traveled into the heart of Africa’s longest-running war. At the end of the 35-minute film, which is being screened in over 1,000 locations in the U.S. and Canada, viewers will be compelled to become a part of the story’s end by getting involved with Invisible Children’s Schools for Schools program.

The international organization created the revolutionary fundraising program in 2006 in response to the need for quality schools in northern Uganda – schools that have been destroyed by displacement, rebel occupation and lack of funding due to the 22-year war. Schools for Schools uses an innovative online social community to help students see where their money is going and connect to different projects, fundraising ideas, and supporters. Within its first year, students rallied together and raised over $3 million.
Read more…

Have your say » | Tagged Impact, Our Partners, Show Us Some Love, africa, Impact, invisible children, Our Partners, the world's biggest book drive, uganda

Super Rushed Update

Posted by admin on 09.09.2008 at 4:19 pm

Busy busy today, working on a partnership with Invisible Children that is launching and the Great American Book Drive.  [Your] powers combined (said in Captain Planet voice) and you have the world’s biggest book drive!  Seriously.  More news to come after it’s made.

Have your say » | Tagged Our Partners, book drive, community, great american book drive, invisible children, Our Partners