Our archive summary can be accessed here: 2016 Global Impact Summary
Our mission is to unleash the power of entrepreneurship to build economically vibrant and sustainable communities. We develop strategic partnerships with nonprofit organizations using our financial resources, platform and people to foster networks of support for entrepreneurs and small businesses. Our programs focus on vulnerable populations and underserved communities. We also empower eBay employees to make a greater impact in communities around the globe by matching their donations and making cash donations when they volunteer.
Microloan enables big growth Gregory Bonds
Gregory Bonds knows his future is bright—brighter than the micro-LED smart glass he provides to corporate clients to turn their multi-story glass building into a giant video screen. He’s the founder of Project Tradeshow, an innovative startup that sells and rents event displays and graphics. He’s also a Kiva borrower.
Kiva is an international nonprofit that connects people through crowd lending. The eBay Foundation provided a combination of grants and loans totaling $500,000 to Kiva in 2016. Part of this support helped Kiva expand its peer-to-peer lending model in Silicon Valley to reach business owners, like Gregory, who have challenges getting loans through traditional financial institutions.
In February 2018, Gregory had his first $4,000 Kiva loan funded, bolstered by $1,300 in matching funds from the eBay Foundation. He used the loan to expand his marketing through search engine optimization (SEO) and social media advertising. The results were illuminating.
“I’ve gone national and international since optimizing my site (for search), and have attracted international manufacturers and clients,” said Gregory. “These are direct results from the Kiva loan!”
In addition to supporting Kiva’s expansion in California, eBay Foundation’s partnership with the nonprofit includes a five year employee lending campaign. Employees receive $25 loan credits to find and support an entrepreneur on the platform that is meaningful to them. In the campaign’s first year, eBay employees directed their support to thousands of borrowers spanning 67 countries.
Living our purpose eBay Germany employees
When eBay celebrated its 22nd anniversary in September 2017, employees across the globe celebrated with a month of purpose-filled action. Dubbed “Days of Color,” each eBay location selected a local charity to amplify its impact and employees found inventive ways to leverage the eBay platform for good.
In Dreilinden, Germany, Days of Color was an opportunity to advance inclusive entrepreneurship. The team chose to support I.S.I. (Initiative Selbständiger Immigrantinnen e.V.), an organization that teaches entrepreneurship skills to female migrants in Germany.
The team fully embraced the organization, inviting I.S.I. and its trainees to the eBay office, where the employees shared business tips while learning more about the organization’s needs.
The eBay team raised funds for I.S.I. by hosting a collection drive for items that they then sold on eBay. All the sales proceeds were used to purchase equipment and supplies on I.S.I.’s wish list, like Ethernet cable, flip charts, office chairs, a network cabinet, and headphones. The team also purchased items for the I.S.I lunch meeting room, such as a refrigerator and vacuum cleaner. The employees then took it a step further, donating their time to redecorate the nonprofit’s office.
Across the globe, employees raised more than $220,000 for Days of Color charity partners and projects. This includes $14,000 that the eBay Germany team contributed to I.S.I.—critical funds that helped strengthened the organization’s infrastructure, and created a bright, colorful space in which aspiring entrepreneurs can connect, learn and grow their own business. And the story doesn’t end with the office makeover. The team continues to work with I.S.I., lending business and selling expertise to assist with the organization’s training courses.
Nonprofit Grant Funding
While we’re eager to learn about new initiatives, eBay Foundation reviews proposals by invitation only from organizations that have proven success in the area of inclusive entrepreneurship. If your organization is doing innovative programs to further inclusive entrepreneurship, please send a brief email describing your work to email@example.com. If we think there may be a fit, we will contact you for more information.
eBay Foundation Board of Directors
- Jon Barwise, Senior Director of Mobile Engineering
- Damien Hooper-Campbell, VP, Chief Diversity Officer
- Molly Finn VP, Legal and Compliance and Board Secretary
- Cathy Foster, VP, Government Relations and Public Policy
- Selim Freiha, VP, Investor Relations
- Kris Miller, SVP, Chief Strategy Officer
- Dan Tarman, SVP, Chief Communications Officer and Chairman of the eBay Foundation