PHILANTHROPY
Transforming lives by transforming noble causes.
Krach Family Foundation
Krach’s drive to challenge the status quo extends to philanthropy. He established the $30m DocuSign IMPACT Foundation with the mission, not just to give to charities, but to transform them—by using DocuSign technology to streamline operations and maximize resources to support the cause. The Krach Family Foundation serves numerous innovative causes. Krach was honored by City Year with the “2018 Citizen Leadership Award” for his dedication, innovation and impact to communities around the world.
Accomplishments
ESTABLISHED THE $30 MILLION DOCUSIGN IMPACT FOUNDATION
FUNDED CITY YEAR’S SILICON VALLEY ELEMENTARY AND MIDDLE SCHOOL PROGRAMS FOCUSED ON TEACHING SCIENCE, TECHNOLOGY, ENGINEERING, AND MATH
CO-FOUNDED THE CHILDREN’S AUTISTIC NETWORK; SERVED ON BOARDS OF OPPORTUNITY INTERNATIONAL AND NEW STORY CHARITY
CREATED THE TRUSTED TECH MICROFINANCE INITIATIVE IN PARTNERSHIP WITH THE KRACH FAMILY FOUNDATION THE KRACH INSTITUTE FOR TECH DIPLOMACY AND OPPORTUNITY INTERNATIONAL
Lessons in Philanthropy
DON’T JUST GIVE — TRANSFORM
Krach’s philanthropic work is distinguished by his interest in not just supporting but transforming the noble causes he supports. A prime example of this is Krach’s DocuSign IMPACT Foundation, which not only enables DocuSign employees to make matched donations to the charities they choose, but also leverages DocuSign technology and skills to transform the charities themselves, making their operations more streamlined and efficient.
NOTHING BEATS PERSONAL INVOLVEMENT
Krach is not only a supporter of microfinance charity Opportunity International. Through the years he and his family have worked directly with OI, meeting micropreneurs and personally distributing loans to help them get their fledgling businesses off the ground. It’s been a priceless experience helping Krach’s children the lasting value of “”teaching a person to fish”” rather than just giving a fish.
CHARITABLE GIVING CAN ADVANCE FREEDOM
Krach’s Trusted Tech Microfinance Initiative is devoted to closing the digital divide in low-income countries through the adoption of trusted technology. The partnership will transform the lives of microentrepreneurs by empowering them to participate in the digital economy, with innovative paths to earn income, gain confidence in trusted technology, and improve the quality of life for their families and communities. The Initiative promotes freedom by making sure that participants have access to trusted technology products, online education, and training that are not tied to authoritarian regimes that leverage technology to surveil users.