Staack Technologies Inc. is dedicated to maintaining the sustainability of our mission while ensuring we can continue to support the crucial causes we care about.
Commitment to Donate: We pledge to donate 5% of all our profits to crucial causes that align with our vision of a more equitable and just society.
Ensuring Financial Health: Donations will be made with the intention of maintaining the financial health of the company. To safeguard our operations, we aim to maintain a cash reserve sufficient to cover six months of operating expenses.
Flexibility in Adverse Conditions: In rare and exceptional circumstances, such as significant economic downturns or major regulatory changes, we may need to adjust our donation levels temporarily to ensure the ongoing health of our organization. Any such adjustments will be made thoughtfully and transparently, always with the goal of resuming full support as soon as possible.
Adjustment Clause: In circumstances where financial requirements are not met, the company reserves the right to adjust the donation percentage to ensure the sustainability of the business and the continuation of our philanthropic efforts. This adjustment will balance our commitment to social responsibility and financial stability.
Annual Review: The donation strategy will be reviewed annually by the board of directors to assess its impact on financial health and alignment with the company’s mission and strategic goals.
These principles ensure that we can continue to support the causes we believe in while maintaining the financial health necessary to fulfill our long-term commitments.
For any further inquiries or details, feel free to contact us at impact@staack.co.
