Ripple Investing in Communities, Ranked 3rd Among Top 100 Bay Area Corporate Philanthropists

Ripple Impact, an initiative by the crypto solutions company continues to grow bigger. The leading blockchain enterprise has been ranked third on the list of top 100 Bay Area Corporate philanthropists.

Ripple Among Top Bay Area Corporate Philanthropists

Ripple continues to give back and impact society through its numerous instances of huge philanthropic contributions. According to the crypto solutions company, it has made over $150 million in donations since 2018. More so, there are over 80 countries where Ripple NGO partners operate.

Interestingly, Bay Area charities have recognized and lauded the San Francisco-based company for its outstanding cash contribution in 2021. Reportedly, Ripple donated over $54 million in 2021 to Bay Area charities. 

In a recent list released by the San Francisco Business Times, Ripple has been placed in the third position out of 100 Bay Area Corporate Philanthropists being considered. 

In accordance, Ripple tweeted;

The San Francisco Business Times has ranked Ripple #3 in their Top 100 Bay Area Corporate Philanthropy Awards. We’re proud to support the essential work of Bay Area nonprofits.

Read Also: SEC Moves to Prevent Ripple from Using Certain Evidence in XRP Lawsuit

To note, this locally researched result is based on the 2021 cash contributions made to the Bay Area charities by these top 100 companies. 

The Sobrato Organization and Google sit in first and second position respectively, in the ranking. While the Sobrato Organization donated more than $57 million, contributions worth about $92.3 million were made by Google to the San Francisco Bay Area in 2021. 

Per the report, the top 100 Bay Area Corporate philanthropists include both nonprofit healthcare organizations and for-profit companies. As revealed in the news, company representatives were the source of information used for ranking these companies. 

Furthermore, the Bay Area charity organizations are located in the following counties; Alameda, Contra Costa, Marin, Napa, San Francisco, San Mateo, Santa Clara, Solano, and Sonoma counties. 

Read Also: Ripple’s Cross-Border Payment Solution that Leverages XRP Adopted by FOMO Pay for Treasury Management

Ripple Impact: Investing in Communities

In a similar update, Ripple and Stephen & Curry’s Eat. Learn. Play. Foundation has completed the building of a new playground and community garden for the Bay Area neighborhood after both parties sealed a partnership.  

The project provides an environment for residents to bond better and also grow their network, thereby enhancing peaceful living.  Remarkably, the project will benefit more than 100 Oakland youth and their families for many years, per the report. 

Altogether, Ripple is a proud partner with several fintechs, academic institutions, non-governmental organizations (NGOs), and foundations in a bid to make more impact globally.

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