![]() "It was great."Įven then, Filbey showed a social conscience in his business. "It worked," Filbey said (of the business venture, not the daughters). "Women would pull my cheek and say I should meet their daughters," he said. Filbey remembered presenting to various Realtors at their weekly meetings as a teen. The business spread throughout eastern Massachusetts. Filbey's company photographed merchandise, measured the dimensions of furniture and negotiated with buyers. At recess, he resold his purchases, earning a reputation as the go-to source for coveted collectibles.Īt age 17, he launched Cbay, which helped clients downsize by selling things online quickly, reducing the stressfulness of moving. With money earned shoveling snow and mowing lawns, he'd walk a mile to Pastimes, a memorabilia store once operating in Cohasset center. A born entrepreneur with a social conscienceĪs a boy, Filbey cornered the market on trading cards in elementary school. To people who think they can't make a difference, Filbey says that by joining Pepper, they'll know that they've helped to keep 16 children free from malaria and warded off blindness from another 15 children every year. So far, Filbey said about 100 people have signed up, without any real marketing starting yet to publicize the nonprofit.įilbey and his team partnered with these four for their proven cost effectiveness, which has earned them recognition by GiveWell, a research organization that evaluates the amount of good accomplished by charitable programs. There is an additional 2.7 percent payment processing fee for the Pepper subscriber. All of the $10 goes directly to the groups, Filbey said. These organizations work to prevent malaria, extreme poverty and blindness caused by vitamin A deficiency. Subscribers to Pepper donate $10 a month, which is distributed among four charities in sub-Saharan Africa, where 40 percent of the population lives on less than $1.90 a day. "Small donations can have ripple effects," Filbey said. Filbey said widening income inequality and a growing reliance on "mega-donors," who give hundreds of millions annually contributed to this. In 2018, for the first time ever, less than 50 percent of Americans made charitable donations, he said, a drop of almost 17 percentage points from 2000, when more than 66 percent of people donated. ![]() Revolutionizing charitable givingįilbey said he hopes to create a culture of giving. The new company is called Pepper – named for how a small pepper can have an enormous punch, Filbey said. "That's our North Star, to make charitable giving easier and faster than it is today." "I really want to help everyday donors make a difference," Filbey said. (More than two if you count his elementary school business ventures.) Now in his early 30s, he has launched a nonprofit that helps small donors make a big impact with their charitable dollars. COHASSET – Before he was even 26, Cohasset native Mike Filbey built two successful startups.
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