The 1% Initiative
I recently took it upon myself to start an annual project I’ve called the 1% Initiative. It has many components but the barebones version is quite simple. Every year, I will give out 1% of my annual salary to the community that has entertained me, informed me and helped me throughout the year.
So far, I have 400$ allocated for the 2021 fund. I will be splitting it amongst individuals, groups and organizations.
Each category has its own traits, specificities and sub tier systems. These will determine how much each recipient receives.
Although subject to change, the rough way I’ve broken it down is as follows.
Individuals
Tier 1 - Entertainment Class (1$)
Tier 2 - Inspiration/Insight Class (2-4$)
Tier 3 - Support Class (5$)
Groups
Here the payout is split between 5 categories. Activism, Education, Awareness, News and Entertainment. Each category can have a payout of 0-3$ for a total of 15. Depending on their actions, their valid categories and a level of quality/quantity/value I choose the payout appropriate for each group.
Organizations
Once all Individuals and Groups have been allocated their shares, the remaining funds are to be split between a list of Organizations. They are primarily (but not exclusively) charitable aid organizations that work with various populations on a multitude of continents to bring assistance to mankind. This is the setup I will be proceeding under.
2021: $400 (+ $100 in donations) = Payment Pending
2022: Ongoing