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Common Good
Common Good
commongood.earth

Locations

Ashfield, MA, USA

industry

Finance

Size

1 - 10 employees

Stage

Other

founded in

2006

Common Good is a nonprofit organization that offers free tools and support for community-centered economic democracy, including a payment system, an offers & needs board, and fiscal sponsorship. Like for-profit payment systems (PayPal, Venmo, banks, etc.), Common Good payments result in a large “float” – money that can be invested, producing a profit. As a Common Good member you decide with other members in your community how to use those investments and profits for the common good of your community and beyond. Common Good pilot communities have funded renewable energy, small business, food systems, social justice, arts, and basic needs – all at no cost to the members – while saving local businesses $76,000 in credit card fees (to date).

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