Torrey Project

Overview

The Torrey Project is a nonprofit organization based in San Diego, California, dedicated to empowering under-resourced entrepreneurs through education, mentorship, and community support. Established in 2005, the organization focuses on promoting stakeholder-focused capitalism, emphasizing the integration of social responsibility and environmental sustainability into business practices.

Mission and Vision

The mission of the Torrey Project is to accelerate the global adoption of conscious capitalism by providing the tools and knowledge necessary for entrepreneurs to build socially responsible businesses. The organization aims to influence current and future generations of business leaders to prioritize the well-being of all stakeholders, including employees, customers, suppliers, the environment, and the communities in which they operate.

Programs and Services

The Torrey Project offers a Start-Up Bootcamp designed for aspiring entrepreneurs who seek to balance purpose with profitability. This program includes:

• Training: Participants learn about stakeholder theory and conscious leadership, equipping them with the knowledge needed to create impactful businesses.

• Mentorship: Graduates of the bootcamp receive one year of free business mentorship, during which they can access over 900 hours of coaching to refine their business ideas and strategies.

• Community Building: The organization is committed to developing a community of like-minded entrepreneurs who are focused on leveraging their businesses for positive change.

Financial Overview

The Torrey Project is classified as a 501(c)(3) nonprofit, allowing contributions to the organization to be tax-deductible. Its revenue primarily comes from contributions, with reported figures showing an increase in donations over recent years. The organization had total assets of approximately $14,842 as of the end of 2021, alongside total liabilities of $186,203[1].

Leadership and Governance

The Torrey Project is led by a diverse team of professionals with extensive experience in business and social enterprise. Notable leadership includes David Ferran as CEO, who plays a crucial role in steering the organization towards its goals. The board of directors includes various members who contribute to the strategic direction and governance of the project.

Impact

Through its programs, the Torrey Project has successfully equipped numerous entrepreneurs with the skills and knowledge necessary to launch sustainable businesses. The focus on stakeholder engagement ensures that the impact extends beyond profitability to include social and environmental considerations, aiming to create a positive ripple effect in the communities served.

In summary, the Torrey Project is an influential organization committed to fostering a new generation of conscious business leaders, empowering them to utilize their entrepreneurial abilities for the greater good.

[1] https://projects.propublica.org/nonprofits/organizations/833302854 [2] https://www.torreyproject.org [3] https://www.idealist.org/en/nonprofit/775a6c8bc61f4f068410adc6c3d45f75-torrey-project-san-diego [4] https://www.tegrants.com/about-us [5] https://www.salary.com/research/company/torrey-project-overview