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Founders Society FAQs

What is the Founders Society?

Members of Columbia’s Founders Society are like-minded business founders, equity holders, and investors who have made a nonbinding pledge to contribute a percentage of their venture’s future proceeds to benefit the University. Alumni and friends who make the pledge immediately gain membership in the Founders Society and have full control over the timing, amount, and designation of their gift, which can support any school or area at Columbia. Make the pledge and tap into the University’s rich entrepreneurial ecosystem while connecting with fellow founders who understand the importance of tying commercial advancement to philanthropic achievement. Find out more.

Who can become a member of the Founders Society by making a pledge?

Anyone who holds equity in a company such as founders, investors, and institutional investors. 

How does it work?

If you’re interested in joining the Founders Society, be in touch with Ed Cangialosi, Gift Planning Officer, by filling out this form with brief details about your venture, the company’s name, and your contact information. Ed will respond and make you a member of the Founders Society. Then, when you are preparing for a liquidity event, contact us so that we can discuss tax-efficient ways of honoring your pledge. 

What happens after I make the pledge?

Making a pledge grants you instant membership in Columbia’s Founders Society, an exclusive network of entrepreneurs. If desired, your name and company will be featured on the Founders Society website, which promotes your venture and encourages others to make the pledge. 

Is there a cost to making a pledge and joining the Founders Society?

There is no cost. No commission, transaction fee, or hidden costs. 

Is the pledge legally binding?

Your pledge is an indicator of your intentions to fulfill the commitment and is not legally binding. 

What happens if I never exit or the business fails?

Your pledge is based only on the success of your venture. 

Is there a minimum pledge percentage?

The percentage that you give is completely up to you. 

Can I designate my pledge to any area of Columbia University?

Yes, pledges can be made to any school, program, or center. Founders Society members don’t have to designate the exact location when making the pledge. We can help identify areas to support over time given your particular interests and goals. 

What tax benefit do I receive by making the pledge?

Columbia University is a not-for-profit or 501(c)(3), allowing your gift to count against your taxes as a charitable gift. The tax benefit will come at the time of your gift, not at the time you make your pledge. 

Contact Us 

For more information on Columbia’s Founders Society, please contact Ed Cangialosi, Gift Planning Officer, at ec2731@columbia.edu or (212) 851-7988.