Giving Compass' Take:

• Givewith is a technology platform that helps businesses and corporations create social impact by facilitating funding initiatives between corporations and nonprofits. 

• How is the model of 'social corporate entrepreneurship' different from others in philanthropy? How effective do you think it will be? 

• Read about how social impact technology is different than corporate social responsibility. 

Social impact technology company Givewith announced its official launch during yesterday’s “Transforming Commerce” symposium. Founded by social entrepreneur Paul Polizzotto in partnership with CBS Corporation, the company’s twin offerings, Givewith Commerce and Givewith Advertising, enable businesses to increase sales and profits and attract socially responsible investors, while raising awareness and funds for some of the world’s most effective nonprofit organizations.

“We have an audacious mission,” said Paul Polizzotto, Givewith’s Founder and CEO. “We’re unleashing the power of commerce as an engine for social change. Our model makes social impact a business driver, so we’re fulfilling two objectives at once: realizing greater business value for our corporate clients and creating new sources of critical funding for nonprofits.

It’s a paradigm shift that’s moving the traditionally underserved to the head of the line, to the center of every business transaction. And we’re leveraging technology to do it at scale and with precision.

Givewith expands on the success of its sister company, CBS EcoMedia, which Polizzotto founded in 2001 and sold to CBS in 2010.  “Givewith solidifies CBS’s place in the vanguard of social corporate entrepreneurship,” said Leslie Moonves, Chairman and CEO of CBS Corporation. “Thanks to its technology platform, Givewith allows for a positive social impact to take place with every single transaction between a seller and buyer. Going forward, we look forward to helping transform the way both business and philanthropy are done.”

Read the full article about Givewith at CSR Wire.