Personio, a HR management and recruitment platform based in Bayern, Germany, announced on Monday that it has launched a call for applications for “outstanding” nonprofits working in the fields of climate change mitigation and education to join the Personio Foundation’s impact portfolio.
Portfolio companies will benefit from unrestricted grants (between €50,000 and €100,000 per year) for several years, strategic assistance and free access to the Personio HR management software. Additionally, grantees will also have the opportunity to collaborate with other Impact Portfolio partners to co-create their HR accelerator and shared community.
Mission of the Personio Foundation
With its Impact Portfolio and HR Accelerator, the Personio Foundation aims to help creative, forward-thinking organizations engage in climate action and education. Since its introduction in December, the Foundation says it has expanded its impact portfolio to include assistance to eight NGOs. Its HR Accelerator has started creating materials to help NGOs improve their human resource capacities.
Personio Co-Founder and Foundation President Hanno Renner said, “Launching the first global call for applications to join our Impact portfolio is a major milestone for the Foundation. With eight organizations already in the portfolio, we look forward to partnering with more nonprofits and supporting even greater impact in education and climate change. Our ambition has always been to tie the success of Personio to solving these pressing issues, so taking the Foundation to the next level is truly exciting.
Applicants must meet the following criteria:
- Eligible Organizations: Eligible organizations must have non-profit legal status
- Field of action: they must work in the fields of education or climate change mitigation
- Geographic focus: the Foundation will help organizations around the world
- Special consideration: Organizations offering cutting-edge and scalable solutions to combat climate change and education will receive special consideration
Interested organizations can apply here.
A brief about Personio and the Foundation
Personio was founded in 2015 by Hanno Renner, Roman Schumacher, Arseniy Vershinin and Ignaz Forstmeier, later joined by Jonas Rieke. The company offers cloud-based HR management and recruitment solutions, as well as software for startups and SMEs.
The platform allows its customers to store and manage all employee data and HR processes in one place, including vacation and sick leave, approvals, salary, attendance, employee documents , performance, reporting and employee onboarding. He says more than 7,000 companies with more than 500,000 employees have automated their people processes with Personio.
Currently, Personio has offices in Madrid, London, Dublin and Amsterdam. In June 2022, Personio raised €190.4 million at a valuation of €8 billion.
The Personio Foundation was created in 2021 by Personio. The Foundation is based on a commitment made when Personio was created to devote 1% of the company’s capital to good causes. This 1% stake is currently worth $85 million and will continue to grow until an IPO.
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