Sage Foundation Launches in North America

New Sage philanthropic organization sets corporate social
responsibility standards with innovative 2+2+2 community model

ATLANTA–(BUSINESS WIRE)–Sage, a market leader for integrated accounting, payroll and payment
systems, supporting the ambition of the world’s entrepreneurs, today
launched the Sage
Foundation
in North America, leveraging a unique, holistic model to
increase the level of community impact.

The global foundation sets a new benchmark for corporate partnerships
with charities, social enterprises and nonprofit organizations through
its 2+2+2 model for working with the community. Under this unique model,
Sage is committed to giving 2 percent of employee time (5 days paid
volunteering per year), 2 percent of free cash flow and 2 donated
software licenses to eligible registered charities, social enterprises
and nonprofit organizations.

“At Sage, corporate social responsibility is not just an ancillary
effort; it’s intrinsically rooted in our company’s DNA,” said Marc
Scheipe, president of Sage North America. “Through the Sage Foundation,
our more than 13,000 colleagues will help disadvantaged sectors of our
communities in all of the 23 countries in which Sage currently operates,
creating sustainable social and economic opportunities in our local
communities around the world.”

As the first major initiative for the Sage Foundation in North America,
the organization held a dinner where Scheipe presented a $50,000
donation to Brian Stann, CEO of Hire
Heroes
, a national organization dedicated to transforming military
service into civilian success.

Sage Foundation also hosted a business simulation day at Junior
Achievement
, an organization that prepares youths to succeed in a
global economy by giving firsthand experience at being a working adult.

With the 2+2+2 model, Sage is poised to complete 66,500 days or 532,000
volunteer hours, per year, in addition to donations of software licenses
and funds for selected non-profit organizations.

Sage Foundation launched in South Africa in January, followed by
Australia in February. Throughout the year, the foundation will go live
in all of the 23 countries in which Sage operates.

Connect with Sage

About Sage

Sage is a market leader for integrated accounting, payroll and payment
systems, supporting the ambition of the world’s entrepreneurs. Sage
began as a small business in the UK 30 years ago and over 13000
colleagues now support millions of entrepreneurs across 23 countries as
they power the global economy. We reinvent and simplify business
accounting through brilliant technology, working with a thriving
community of entrepreneurs, business owners, tradespeople, accountants,
partners and developers. And as a FTSE 100 business, we are active in
supporting our local communities and invest in making a real difference
through the philanthropy of the Sage Foundation.

Sage – a market leader for integrated accounting, payroll and payment
systems, supporting the ambition of the world’s entrepreneurs.

For more information, please visit: http://www.sage.com/company/sage_foundation.

Contacts

Sage North America
Aimee Ertley, 678-280-5556
aimee.ertley@sage.com