Philanthropy

Philanthropy is an integral part of Firmament's culture. Our commitment to corporate responsibility is embedded in every investment decision we make. We support a wide variety of innovative programs that we believe improve quality of life worldwide.

Firmament believes that maintaining a focus on environmental, social and governance (ESG) factors in our business decisions is essential in developing sustainable long-term strategies for our portfolio companies. Our ultimate goal is to invest for both strong returns and positive social and environmental change.

The Firmament Foundation is our latest philanthropic initiative dedicated to serving a variety of causes, including individuals with disabilities, pediatric illness, support for veterans and children’s education, among others. The Firmament Foundation, Inc. is a 501(c)(3) charitable organization (EIN: #83-2233523). For more information please contact Allie Reitman, areitman@firmamentfoundation.com.

Mini-Olympics for Pediatric Cancer Awareness

In 2019, The Firmament Foundation was humbled to host our first annual Mini-Olympics for Pediatric Cancer Awareness fundraising event at Chelsea Piers NYC. In honor of September being Childhood Cancer Awareness Month, we partnered with the Pediatric Cancer Foundation, a non-profit organization that supports clinical research, as well as the care and treatment of children with cancer.

Ten teams committed to raising money for the cause, and battled in a variety of athletic tournaments. The Mini-Olympics was a huge success, and we’re excited to do it all over again!

Due to COVID-19, we have unfortunately made the decision to cancel our 2020 fundraiser with every intention to plan a wonderful event in 2021!

If you’re interested in forming a team for our 2021 fundraiser, please reach out to Allie Reitman, areitman@firmamentfoundation.com 

Firmament Foundation – NYC Half Marathon

Recently established, the Firmament Foundation is Firmament’s newest philanthropic initiative. The Foundation is a non-profit organization dedicated to serving a variety of causes, including pediatric illness, support for veterans and children’s education, among others.

For our first event, the Firmament Foundation partnered with Tuesday’s Children to raise money and awareness by participating in the NYC Half Marathon. Five Firmament team members ran on behalf of Tuesday’s Children which took place on Sunday, March 17, 2019.

 

ENVIRONMENTAL

We acknowledge that our operations have far-reaching environmental impact. We are therefore committed to ensuring that environmental risks are identified and that our business is environmentally responsible.

Examples of environmental factors that we maintain a close awareness of include climate change, natural resource depletion and pollution. A focus on sustainability is embedded within our investment process.

SOCIAL

Firmament is committed to building better futures for disadvantaged and underserved individuals and communities. We work with innovative charitable organizations including Tuesday’s Children, NextStep 365All Stars ProjectNational Multiple Sclerosis SocietyMcLarty Scholars, Baptist Health Foundation and Vital Voices, among others. Identifying these types of programs is a further embodiment of our vision, as we seek to assist these organizations in a meaningful way.

Our goal is to enable more people to share in the rewards of a growing economy, and our philanthropy program harnesses the unique expertise of our employees to improve quality of life worldwide.

GOVERNANCE

Firmament believes that a strong commitment to the highest standards of business practice and ethics is a necessity for long-term value creation. Our culture is built upon honesty, integrity and transparency and we make every effort to promote these values in all of our business dealings.

As part of our commitment to delivering superior investment returns, we expect companies that we work with to demonstrate the highest standards of corporate governance.