We believe businesses can and should be a force for good. Zuora’s success is directly linked to our communities. Our business thrives when our communities are also thriving.
Social impact is a key part of our culture, business, and long-term success. That’s why we took the 1% Pledge in 2017 and committed our time and equity to giving back.
In 2019, we launched Zuora.org, which is part of our company and not a separate entity, to help individuals, as well as businesses, benefit from the Subscription Economy®. We want not only our customers, but also those in our communities around the globe to be able to access, participate in, and benefit from this new economy.
To date, we have contributed US$3 million worth of our Class A common stock to our Impact Fund. This funding allows us to make grants to causes in our communities around the world, and support our ZEO giving and volunteering programs.
In grant making from the Impact Fund
Hours volunteered in FY22
Loaned to microbusinesses on Kiva by ZEOs and customers
In fiscal year 2022, we formalized our philanthropic focus and directed over US$1 million to support organizations in our focus areas. Zuora.org is committed to building inclusive economies and increasing access to critical products and services for underserved communities around the world. We invest in programs that support impact-driven entrepreneurs, build a more sustainable future, create economic opportunities for youth, and strengthen our local communities. We empower ZEOs to become changemakers and utilize their passion and expertise to help drive our social impact agenda forward.
We are partnering with Village Capital, the most active supporter of impact-driven, seed-stage entrepreneurs in the world, to fight climate change and preserve our planet through the Subscription Economy.
At Zuora, we believe that all young people deserve equal access to education and economic opportunity – no matter their background, income, or location.
Employers around the world are facing a growing need for talent, while millions of youth are disconnected from the economic mainstream.
In 2021, we launched a partnership with the Network for Teaching Entrepreneurship (NFTE) and continued our partnerships with Dev/Mission and Climb Hire to help equip young people from underserved communities with the skills and experiences they need to succeed in today’s economy, while ensuring that companies have access to the workforce they need to compete across the globe. In addition to grant funding, our ZEOs volunteer as mentors and workshop leaders.
No one understands the needs of our communities better than the people on the ground, which is why our ZEOs have the opportunity to nominate organizations in their local communities for grants of up to US$10,000 each year.
In 2021, we granted US$200,000 to 23 organizations from around the world. We supported a wide array of programs, ranging from workforce development to hunger relief to health equity, and so much more.