“Update: AIM’s Founding to Give Program” by Jacintha Baas, T.K., Ambitious Impact
14d agoen
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TLDR: AIM won’t run another round of Founding to Give at this time, but we’d be excited for someone else to run (an amended version) of it AIM launched the Founding to Give program two years ago to incubate for-profit startups with the goal of creating (1) impact via donations and (2) directly through company activities. Since then, we have run 2 cohorts for which we had over 3,000 applications, selected 38 founders who all pledged 50% of their exit money to effective charities, and launched 24 startups. We’ve been positively surprised at the level of talent we’ve been able to recruit for a program including many repeat founders who have substantial technical expertise or have raised substantial funding in the past. We have been incredibly impressed with the FTG founders, several of whom have gone on to be selected for top tier accelerators such as Entrepreneur First, Antler, YC, and Techstars. We think that FTG has shown multiple compelling theories of change, but the best versions of those ToCs would take us quite far outside of AIM's main focus in the effective nonprofit space, and require substantially different models/talent profiles/connections relative to AIM's current comparative [...] --- Outline: (02:05) What are the most compelling versions of "for-profit impact incubation?" (05:31) What's next? (06:25) To finish --- First published: June 23rd, 2026 Source: --- Narrated by TYPE III AUDIO .
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