Yvon Chouinard: Giving It All Away

Published: Nov. 25, 2022, 8:01 a.m.

b'Patagonia founder Yvon Chouinard made headlines recently when he announced that he and his family had transferred their $3 billion stake in the storied outdoor gear company to a special purpose trust and nonprofit that would give away $100 million a year, specifically to environmental causes. Patagonia has a long history of donating at least one percent of its profits \\u2013 and 100% of profits made on Black Friday \\u2013 to grassroots environmental non-profits. \\nYet even with this massive gift, and Laurene Powell Jobs\\u2019 own recent $3.5 billion pledge, climate philanthropy still only accounts for a small fraction of all charitable giving. This Thanksgiving weekend, we look back to our 2016 interview with Yvon Chouinard and bring the story up to date with Inside Philanthropy\\u2019s Michael Kavate.\\nGuests:\\nYvon Chouinard, Founder, Patagonia\\nMichael Kavate, Staff Writer, Inside Philanthropy\\nFor show notes and related links, visit our website.\\nLearn more about your ad choices. Visit megaphone.fm/adchoices'