Accessible, useful, and timely information — good data — allows people and organizations to make smarter decisions. Effective philanthropy requires not only good data, but also the ability of good data to reach and inform donors, nonprofits, and the people they both seek to help. This “information infrastructure” underpins philanthropy’s ability to learn, adapt, and improve.Liquidnet For Good was built on the philosophy that a company’s true purpose goes beyond the bottom line to include social value creation. We call this approach Corporate Impact, and it drives everything we do.
Companies have incredible resources: financial capital, people, technology, partnerships, supply chains, intellectual property, brand capital, product lines, distribution networks, and customer relationships. These resources have enabled companies to bring tremendous innovations to market — from the railroad to the iPhone – while also generating financial returns for their investors. But that’s only part of what companies can do.
Yes, many companies give money to charitable organizations and provide opportunities for their employees to volunteer. But Corporate Impact means going beyond traditional philanthropy to apply the full spectrum of a company’s unique assets – from problem-solving talent to proprietary technology to connections with community decision makers — to making society better. This concept excites and inspires us every day. It means a new, more vibrant social contract between companies and the society in which they operate.
At Liquidnet, our commitment to Corporate Impact means we strive to create social value alongside financial value. Our vision is for more companies to embrace this approach, to unlock their powerful spectrum of resources and re-imagine how they can make a difference.