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TriNet Introduces Corporate Social Responsibility Program That Encourages Entrepreneurism, Benefits Nonprofits and Provides Employee Volunteer Opportunities

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TriNet announced the launch of the TriNet Foundation, part of its new Corporate Social Responsibility (CSR) program, aimed at supporting small and medium-sized businesses (SMBs) and nonprofit organizations. The foundation's first donation recipient is Black Girl Ventures, which assists Black and Brown women entrepreneurs. TriNet plans to donate quarterly to nonprofits focusing on economic development and entrepreneurship. CEO Burton M. Goldfield emphasized the alignment of TriNet's mission with that of the foundation, enhancing employee engagement and community impact.

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  • Launch of the TriNet Foundation to support nonprofit organizations.
  • First donation recipient, Black Girl Ventures, aligns with TriNet's mission.
  • CSR program enhances employee engagement and volunteer opportunities.
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DUBLIN, Calif., April 8, 2021 /PRNewswire/ -- TriNet, a leading provider of comprehensive human resources for small and medium-size businesses (SMBs), today announced the launch of the TriNet Foundation and its first donation recipient: Black Girl Ventures.  

The TriNet Foundation is a donor-advised fund (DAF) and a central component of the Company's new Corporate Social Responsibility program (CSR). The CSR program also includes TriNet Volunteers, an internal program that provides TriNet employees with the opportunity to lend their time and talents to meaningful volunteer efforts, while helping entrepreneurial nonprofit organizations achieve their missions through the spirt of volunteerism.   

"The TriNet Foundation and TriNet Volunteers allow our company to further serve our employees and organizations promoting entrepreneurism. TriNet employees are passionate about helping businesses realize their ultimate potential. Likewise, we are committed to helping our team use and expand their own skills, while doing work that is important to them," said TriNet President and CEO Burton M. Goldfield. "Our new CSR allows us to go beyond TriNet's client base to support more nonprofit organizations and the vital role they play in the community, while providing a richer employee experience for the people of TriNet."  

Each quarter, the TriNet Foundation will make a donation to a nonprofit organization that fosters positive change, economic development and the growth of entrepreneurism related to veterans, historically under-represented businesses, or trade schools/entrepreneurial education programs. 

The TriNet Foundation's first donation recipient is Black Girl Ventures, a unique nonprofit that creates access to capital for Black and Brown woman-identifying entrepreneurs. "I couldn't be prouder to support the amazing work of Black Girl Ventures and the diverse, inspiring and incredible women they serve," continued Goldfield. "Their mission to support small and medium-size businesses closely aligns with ours, and I am excited to see the results of their continued efforts."    

"This collaboration will provide our founders with access to funding, corporate mentorship, and access to our incubator platform, providing community, capital and capacity to grow their businesses," said Shelly Bell, Founder and CEO of Black Girl Ventures. "We are excited to be partnered with TriNet to continue to bring access to capital, capacity, and community for Black and Brown women-identifying founders." 

For more information about TriNet's Corporate Social Responsibility Program and the TriNet Foundation, please visit www.TriNet.com/foundation.

About TriNet 
TriNet (NYSE: TNET) provides small and medium size businesses (SMBs) with full-service HR solutions tailored by industry. To free SMBs from HR complexities, TriNet offers access to human capital expertise, benefits, risk mitigation and compliance, payroll and real-time technology. From Main Street to Wall Street, TriNet empowers SMBs to focus on what matters most—growing their business. TriNet, incredible starts here. For more information, visit TriNet.com or follow us on Twitter

About Black Girl Ventures  
Black Girl Ventures (BGV) identifies, disrupts, and directs financial and social capital into the hands of Black and Brown women-identifying founders by creating access to capital, community, and capacity building. This allows founders to sustain their businesses so they can create intergenerational wealth. As a result of these disruptions society then becomes more equitable; (leveraging the playing field for these founders). Since its inception, BGV has funded 130 Black and Brown women founders across twelve cities through its signature crowdfunding pitch competition. For more information, visit www.blackgirlventures.org

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Media:

Alex Bauer

TriNet

Renee Brotherton     

TriNet                                       

Investorrelations@TriNet.com

PR@TriNet.com

(510) 875-7201

(408) 646-5103

TriNet and the TriNet logo are registered trademarks of TriNet. All other trademarks, service marks, registered trademarks, or registered service marks are the property of their respective owners. 

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SOURCE TriNet

FAQ

What is the TriNet Foundation's purpose?

The TriNet Foundation aims to support nonprofit organizations focused on economic development and entrepreneurship.

Who is the first donation recipient of the TriNet Foundation?

The first donation recipient is Black Girl Ventures, which supports Black and Brown women-identifying entrepreneurs.

How often will the TriNet Foundation make donations?

The TriNet Foundation will make donations quarterly to various nonprofit organizations.

What does TriNet's Corporate Social Responsibility program include?

TriNet's CSR program includes the TriNet Foundation and TriNet Volunteers, which encourages employee engagement in community service.

How does TriNet support its employees through the CSR program?

TriNet's CSR program provides employees with opportunities for volunteering and enhancing their skills while contributing to meaningful causes.

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