CommonBond Honored With Visionary Award From Pencils of Promise - Past Recipients Include Usher, Malala, Trevor Noah, Gary Vaynerchuk

CommonBond will accept the Award at the 2020 Pencils of Promise Annual Gala

New York, Sept. 2, 2020. Pencils of Promise ("PoP"), a for-purpose organization that provides equal access to quality education for children around the world, has announced that CommonBond will be recognized as the Visionary Award recipient at this year's 2020 PoP Gala. The award highlights the impact of CommonBond's "1-for-1" social mission – a core part of CommonBond's DNA since its founding – which funds the education of students at PoP schools around the world.

To date, CommonBond has donated approximately $2 million dollars to PoP through its "1-for-1" social mission, the first of its kind in finance or education.

"The Visionary Award marks CommonBond's unwavering commitment to PoP and our shared vision of a world with access to quality education," said Tanya Ramos, CEO of Pencils of Promise. "CommonBond has woven social good into its core business, delivering significant impact to PoP schools and students around the globe, and we're forever grateful for their foundational partnership."

With CommonBond's support, PoP has built over 500 schools worldwide, complete with technology suites, teacher resources, as well as water, sanitation and hygiene centers. Nearly 100,000 students have benefited from PoP schools worldwide.

"We've always said that business can and should be a positive force for change," said David Klein, CEO & Co-Founder of CommonBond. "When we started the company, we set out to drive significant social good through our core competency and our social mission. We're truly honored to be receiving this award and humbled to be in the company of incredible changemakers that PoP has honored before us."

Previous PoP Gala award recipients include singer-songwriter Usher, activist Malala Yousufzai, comedian Trevor Noah, and media mogul Gary Vaynerchuk.

CommonBond will formally accept the Visionary Award at the 2020 PoP Gala "A Moment in Time". The Gala will take place virtually across the globe on October 22, 2020 at 7pm EST. Individual tickets start at $50. To learn more, visit: gala.pencilsofpromise.org. For more information on PoP and details on how to get involved, please visit pencilsofpromise.org.