Every year, the Foundation celebrates Poverty Is Unnecessary Day to commemorate the Whole Foods Market Global 5% Day on October 25, 2005, when five percent of shopper purchases raised $525,000 for the seed capital for Whole Planet Foundation. Since then, Whole Planet Foundation has disbursed $93 million through microfinance partners, funding 5.2 million microcredit loans creating 27.6 million opportunities for the world’s poorest entrepreneurs to create or expand a business and lift themselves and their family members out of poverty.
Whole Planet Foundation’s Online Auction to Alleviate Global Poverty
Every October, Whole Planet Foundation celebrates its global impact on poverty and the partners who further its mission. In 2005, Whole Foods Market launched Whole Planet Foundation, its non-profit dedicated to global poverty alleviation through microcredit in countries around the world where the company sources products. The Poverty is Unnecessary Project spotlights Poverty is Unnecessary Fund supplier partners who commit to donating $25,000 each and culminates in the foundation’s signature event to alleviate poverty.