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Classified in: Business
Subjects: NPT, CXP

Rushmyfile Broker Andrew Dioli Sponsor of Hebrew Free Loan Event at Marc Benioff Sales Force Tower Top Floor


SAN FRANCISCO, Dec. 30, 2019 /PRNewswire-PRWeb/ -- Andrew Dioli broker for Rushmyfile Inc and Advocate Philanthropist Becomes Top Sponsor for Hebrew Free Loan Foundation with Marc Benioff Top Floor Sales Force Tower. Hebrew Free Loans provides zero-interest loans at no cost to Jewish individuals in Northern California to help them achieve their dreams.

Our loans support those who are facing serious financial challenges or realizing life dreams. As loans are repaid, funds are recycled to make new loans. We've proven the success of this model with a repayment rate of over 99%. The mission is to
aid worthy Jewish people to be and remain self-supporting and self-respecting persons by aid of loans, grants, and such services as the individual may require. Such loans, grants, and services shall be rendered without interest or other charge.
Hebrew Free Loan is a founding member of the International Association of Jewish Free Loans (IAJFL). The IAJFL is a network of more than 40 Jewish free loan agencies throughout the world with the common goal of providing interest-free loans to those in need. If you do not live in Northern California, check out the IAJFL website to find your nearest free loan agency! With a special thank you to Marc for his years for giving. Benioff founded Salesforce in his San Francisco apartment in 1999. Just a year later, with his company growing, he established the nonprofit Salesforce Foundation and invented the 1-1-1 philanthropic model, pledging 1 percent of Salesforce's equity, product and employee time to the foundation. It is a framework that hundreds of companies around the world now use. Benioff reports that since its founding, Salesforce has given $300 million in grants and donated 4 million employee volunteer hours. Salesforce software is now used by many nonprofits free of charge.

Benioff has used his personal fortune (recently valued at $6.5 billion, according to Forbes) to make a meaningful mark on the Bay Area. In 2010, he gifted $100 million to build a UCSF children's hospital in San Francisco's Mission Bay neighborhood, then tacked on another $100 million in 2014, with part of the money going toward an affiliate hospital in Oakland.

Combating homelessness is Benioff's most recent philanthropic cause. He was a major proponent of last year's Proposition C, adding a 0.5 percent tax on San Francisco corporations with revenues higher than $50 million and earmarking the funds to tackle homelessness. After a bitter fight, the measure passed with 60 percent of the vote ? but not without a testy Twitter exchange between Benioff and Twitter CEO Jack Dorsey, who opposed the measure. "I framed it as the binary issue I believed it to be: You're either for the homeless or you're for yourself," Benioff writes in his book. (In May, he donated $30 million for a UCSF study on homelessness.)

Salesforce has also used its economic influence to push back against legislation. In 2015, then-Indiana Gov. Mike Pence signed the Religious Freedom Restoration Act, which critics said would legally permit businesses in the state to discriminate against LGBTQ customers. Benioff tweeted, "We are forced to dramatically reduce our investment in [Indiana] based on our employees' & customers' outrage over the Religious Freedom Bill."

 

SOURCE RushMyFile


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