The Events of 2020 Highlighted How Much Inequality Still Exists In Society: Lath

Expensify has pledged $3 million annually to fight social injustice by donating $0.25 for every dollar paid to white male employees. This initiative, inspired by 2020 events like COVID-19 and the Black Lives Matter movement, aims to address systemic bias and the gender pay gap. Expensify.org, the nonprofit arm, uses direct reimbursement technology to fund community-led campaigns. The company fosters a democratic, values-based culture, encouraging employee involvement in societal issues. Expensify's commitment to its nonprofit work is a permanent feature, even as it considers going public.

What prompted Expensify to pledge $3 million annually to fight injustice?

• The events of 2020, including the COVID-19 pandemic and Black Lives Matter movement

• A partnership with another corporation

• The company's financial success in 2020

• A new government regulation

What is the symbolic significance of Expensify's $0.25 donation per dollar paid to white male employees?

• It represents a tax incentive

• It acknowledges the privilege received from systemic bias

• It is a requirement by law

• It is a marketing strategy

How does Expensify.org support community-led initiatives?

• By providing loans to small businesses

• By using direct reimbursement technology to fund community projects

• By organizing large fundraising events

• By offering scholarships to students

What role do Expensify employees play in the company's philanthropic efforts?

• They only participate in external volunteer events

• They are not involved in the nonprofit initiatives

• They can choose their level of involvement and vote on impactful campaigns

• They are required to spend 50% of their time on nonprofit work

What is Expensify's stance on maintaining its nonprofit initiatives if it goes public?

• The initiatives will be reduced significantly

• The initiatives will be outsourced to another organization

• The initiatives are a non-negotiable part of the company's mission

• The initiatives will be discontinued