Escanaba Polo Mallet Co. donates a significant portion of its profits 26.5% to charities of different kinds. Quarter 1 of 2024 was not our best month for donating but it was a move in the right direction. There were a few times when we donated 100% of our profits. We will work on bumping this number up a little. Our overall goal is for 50% of profits to go to charity and we have been meeting that goal overall. For example, over the past two quarters, we were at 63.25% so that should be applauded.
If you don't know anything about us, Escanaba Polo Mallet Co. is a good works company start-up that hopes to donate 50% of profits to charity and 50% of profits back to future owners. We are doing that because we may someday consider taking on investors once we move on from the start-up stages and create our brand. Our model has been shown to be potentially profitable but scalability is still an issue.Our future goals are to start creating more marketing reach, focus on teams with larger orders, as well as sell products overseas. We may consider partnering with an equipment manufacturer under our brand but that is sometime into the distant future. If we do become largely profitable we would like to sponsor a whole orphanage somewhere else but we are far from that at the moment. Good things to come!
What we have done in the past is invent the product, created quality (i.e. 100% positive feedback) over some time and now are thinking about market expansion and long-term branding for other products. We also teach a little about business through the process of sharing what we are doing.
We have donated to a number of places:
Corazon de Vida Orphanages (One of our favorites. If you click the link you can donate to my fundraising page. That money goes directly to the orphanage. I never see it. It is tax deductible I believe. Read the description and check with accountant if needed.)
Orphans of War (Point of Sale)
Autistic Children (Point of Sale)
*If your interested in one of our mallets you can purchase on eBay or direct from the link to the right. eBay Link Escanaba Polo Mallet Co or you can look to the right.
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