In 2018 the Kendeda Fund, a philanthropic foundation based in Atlanta, decided to make a series of big bets in areas that were both critical and timely. One of those areas was employee ownership and the investment made by Kendeda was historic. Five years later, Kendeda partnered with the Ohio Employee Ownership Center (OEOC) to […]
EO organizations reflect on the Kendeda Fund’s Big Bet Grant Read More ยป
Cities across the U.S. are adding employee ownership to their toolkit. Why? Many leaders are recognizing the benefits of employee ownership as a strategy to: Retain local businesses, jobs, and tax base as more than half of local business owners are nearing retirement and without many options to sell their business. Provide meaning pathways to
How 3 cities are building equitable local economies through employee ownership Read More ยป
U.S. workers and communities need high-quality jobs more than ever, and employee ownership is a powerful strategy to support job quality. The U.S. Department of Commerce recognized this when they put together their Job Quality Toolkit, an outline of proven, actionable tools employers can use to distinguish themselves and recruit, retain, and reward talent. Employee
A playbook for creating quality jobs through employee ownership Read More ยป
Becoming employee-owned without giving up WBE certification In 2011, after two years of careful planning, Sue Butler and Tracy Till began the process of selling their marketing agency, Butler/Till, to their employees. Using a common form of employee ownership, an Employee Stock Ownership Plan (ESOP). They began by selling 51% of the business to their
How one company managed to become 100% employee-owned and certified women-owned Read More ยป
As we continue celebrating Employee Ownership Month, Project Equity asked members of its team to share thoughts and resources surrounding employee ownership. “It’s inspiring to see so many funders embracing employee ownership as a strategy for strengthening communities and building wealth for workers, particularly workers of color and low-to-moderate incomes. Earlier this year, funders joined
Funders embrace employee ownership as a strategy to strengthen communities Read More ยป
