Thankyou is a social enterprise that offers consumer products that exist all for helping end extreme poverty.
We live in a world of extremes.
- Right now, there are approximately 736 million people stuck in extreme poverty[1]. With many dying daily, simply because they lack access to basics for their health, education and living standards. The funding gap to end extreme poverty by 2030 is estimated at US$2.5 trillion dollars a year[2].
- Meanwhile, consumer spending totals around US$63 trillion a year[3].
Thankyou exists to bridge the gap between the two. We are a movement of people who take the power of consumer choice and flip it for good.
At Thankyou, our mission is to amplify impactful change-makers to better serve people living in extreme poverty by redistributing wealth from consumer spending. We do this by designing and creating world-class products and finding world-class partners to help take these products sustainably to global scale to amplify the good we can do in the world. Our business, Thankyou Group, is ultimately owned 100% by the Thankyou Charitable Trust, which distributes its funds to our impactful change-makers. This means that after all the costs involved in creating great products are taken care of, every cent left helps end extreme poverty.
We choose to work with partners who are tackling complex systems change over simplistic solutions, who are focused on impact, not activity, and who have a clear endgame. Then we back them in a revolutionary way. To date we’ve raised more than $17 million for these global change-makers.
We are one chapter into a story that we believe will change the course of history. This is a story about people and a simple idea. An idea born from the duality of our world: extreme poverty and extreme consumerism. An idea that flips the global capitalist model on its head – empowering people who care, to use the money they’re already spending on products, to help end global poverty.
[1] World Bank. 2018. Poverty and Shared Prosperity 2018: Piecing Together the Poverty Puzzle. Washington, DC: World Bank Accessed here: https://www.worldbank.org/en/publication/poverty-and-shared-prosperity
[2] UNCTAD 2019 Annual Report accessed here: https://unctad.org/annualreport/2019/Pages/index.html on 3/08/2020
[3] World Bank, ‘Final consumption expenditure (current US$)’, https://data.worldbank.org/indicator/NE.CON.TOTL.CD?end=2019&start=1960&view=chart.
