TOMS Is Donating One-third of Net Profits to Giving Partners Responding to COVID-19
Today TOMS announced the brand will be donating one-third of net profits to the COVID-19 Global Giving Fund* created to support long-time Giving Partners currently on the frontlines of the COVID-19 health crisis.
As of April 1st, every TOMS purchase will directly support Giving Partners that are responding to COVID-19, both in the United States and abroad. For every $3 TOMS makes, they will donate $1 to the COVID-19 Global Giving Fund, which currently supports giving partners the brand has worked with for many years.
“TOMS has always been in business to improve lives. That mission is important to us and our community everyday. Now, more than ever, we are honored to apply what we have learned over the past 14 years of giving to address this global health crisis. We know the best way to help is to use our resources and the power of our customer’s purchase to invest in our giving partners who are on the frontlines directly addressing this pandemic. We are grateful for these deep partnerships and are eager, together with our customers, to continue to support their efforts to combat COVID-19,” said Amy Smith, TOMS Chief Giving Officer.
The TOMS COVID-19 Global Giving Fund currently supports Americares , Crisis Text Line , International Medical Corps , Partners in Health , and WaterAid . Together, these organizations are working to combat the negative effects of COVID-19 through mental health support, handwashing, and medical supplies.
* One third of the net profit from each product sold, starting April 1st, until TOMS ends COVID-19 giving efforts. The Fund is administered by TOMS and not by a non-profit organization.
ABOUT TOMS SHOES, LLC
As the Original One for One Company, TOMS has always been in business to improve lives. Since we first launched in 2006, our community has impacted nearly 100,000,000 lives.
Today, we give 1/3 of our profits to organizations around the world that are working to create positive change. That means that for every $3 we make, we give $1 away—both in the form of shoes for those in need as well as impact grants to fuel meaningful work.
This is our commitment—to our partners, to our community, and to our future.