Charity: Water is a non-profit organisation bringing clean and safe drinking water to people in developing countries.
Globally there are approximately 785 million people living without clean water. That is nearly 1 in 10 people worldwide. The majority live in isolated rural areas and spend hours every day walking to collect water for their family. Not only does walking for water keep children out of school and take up time that parents could be using to earn money, but the water often carries diseases that make them sick.
When a community gets access to clean water, it can change just about everything. It can improve health, increase access to food, grow local economies, and help kids spend more time in school. Since inception in New York in 2006, Charity: Water has brought clean water to over 50,000 communities.
Effective and innovative fundraising is critical to achieving Charity: Water’s goals. One method the charity relies on is to leverage major commitments from company founders to donate a percentage (often 1%) of their equity following a liquidity event to the charity. Travers Smith is creating the legal framework for that to happen in the UK and hopes to represent Charity: Water in those negotiations. We have also helped Charity: Water put in place a template Commercial Participator Agreement to be used going forward.
Helping bring clean water to over 50,000 communities.
In November 2021, Travers Smith's Director of Pro Bono, Sam Cottman, sat down with Charity: Water founder and New York Times bestselling author, Scott Harrison, to discuss the incredible work that our client Charity: Water does. Scott also discussed his fascinating journey from New York nightclub promoter to ending the global water crisis.