NEW YORK, July 21, 2023 /PRNewswire/ — Ownership Works, a new nonprofit organization with a mission to create $20 billion in wealth for workers by 2030, announced today 15 new Founding Partners. Building on an unprecedented initial cohort of partners in 2022, this new cohort brings the organization’s groundbreaking consortium to a total of over 75 leaders from the private, public, and nonprofit sectors. Collectively, these firms and individuals are committed to improving financial outcomes for businesses and workers through broad-based employee ownership.
Ownership Works’ Founding Partners include investors, banks, professional services firms, pension funds, labor advocates, nonprofits, and public companies. These partners support the nonprofit’s mission in various ways, including pro bono subject matter expertise and charitable contributions. Of Ownership Works’ investor partners, 23 private equity firms have made industry-leading commitments to provide all full-time employees within at least three of their portfolio companies with a pathway to participate in broad-based employee ownership programs.
“We’re thrilled to see the business community continuing to rally behind broad-based employee ownership. Since our public launch in 2022, 66 companies …
