A Social Purpose Corporations is a for-profit corporations registered in the State of Washington that carries out its purpose under RCW 23B.03.010 in a manner intended to “promote positive short-term or long-term effects of, or minimize adverse short-term or long-term effects of, the corporation’s activities” with respect to employees, suppliers, customers, the community, or the environment.
Compensation Venture Group became one of the first SPCs in Washington in 2013 and adopted the following mission statement:
Compensation Venture Group, Inc. (CVG) assists organizations with allocating financial capital of the employer – cash compensation, equity compensation, benefits, and intangible work conditions – to employees and other workers through programs that optimize the financial and nonfinancial outcomes for both.
In addition, CVG invests in social impact companies, primarily through Fledge LLC, the conscious company incubator, and provides no-cost advisory services to those companies while in the incubator. CVG also offers a reduced fee structure for social impact startup and emerging companies.
CVG has created this revised Mission Statement to capture and communicate its emphasis on social impact companies and sustainable business practices. The Company has always operated in a manner that emphasizes:
• Flexible working arrangements and profit-sharing with employees and contractors
• Rigorous guidelines for ethical business practices and refusing new or ongoing work with clients who are seeking support for business practices that do not meet our standards
• Environmental responsibility, minimizing the use of paper, following a reduce/reuse/recycle program, and continually monitoring our business practices for improvement opportunities as resources change
• Seeking suppliers of products and services who support and practice principles of sustainability
• Transparent project budgeting and billing practices with full disclosure of time worked, hourly rates, and expenses with no “administrative charges” or other add-on fees
CVG attained certification as a B Corporation in 2013 and will renew its certification under B Lab’s new standards “V2”.
Short-term objectives for 2026, continuing our strategy from 2025 and before:
o Continue to provide consulting services to clients that encourage all-employee participation in business success through short-term and long-term incentive programs
o Continue to provide expert witness services to support the goals of the justice system and de-escalate disputes by clarifying technical issues for adjudicators
o Continue a reduce-reuse-recycle for all office products used
o Avoid unnecessary out-of-state travel to achieve a zero-carbon engagement for cients, prospects, colleagues, and professional meeting presentations
o When travel is required, patronize only service providers who have publicly stated their. Commitment to sustainability and social impact. In 2025, travel expenditures were concentrated with:
Hotels: Marriott - https://serve360.marriott.com
Air travel: Alaska Air - Corporate Impact -Alaska Airlines
Ground transportation:
• Waymo (where available) - Sustainability at Waymo — All Electric Autonomous Transportation
• Lyft - Sustainability & impact - Lyft, Inc.
o Continue to monitor sites that identify social enterprises, indigenous-owned businesses, and not-for-profit providers
Elevate Destinations – “All of our journeys benefit the communities, environment and businesses of the places we visit.”
o Proactively market services to other Washington SPCs and B Corps, offering a reduced fee structure for those organizations
o Explore how advances in artificial intelligence (AI) can contributes to CVG’s social purpose goals
•Long-term objectives – 2027-2030
o As our investments continue to achieve liquidity exits, all gains will be reinvested in social purpose startups or existing public companies
CVG’s current investment portfolio includes equity and convertible debt positions in:
• Fledge LLC, the conscious company incubator and accelerator
• Evrnu, SPC, a developer of bio-based fiber for renewal of cotton garment waste into premium garments
Past exits included:
• Payscale.com – compensation data and software to support pay transparency, pay equity, and
• Salary.com – compensation data and software to “get pay right”
• Global Shares PLC – support employee ownership through technology tools
• AfricaEats – network of food and agriculture companies supporting smallholder farmers
In 2025, CVG staff provided pro bono mentoring and consulting to companies enrolled in the Fledge program.
Each year, CVG staff develops original content and deliversto professional audiences through conferences, seminars, webinars, and academic settings for organizations including:
• University of California, Irvine – Merage School of Business (Irvine)
• Employee Share Ownership Centre (London/Davos)
• Certified Equity Professional Institute at Santa Clara University (Santa Clara)
• Global Equity Organization
• Western Pension and Benefits Conference
• Academy of Management
• Ambrose University
Fred Whittlesey created and developed the curriculum as an Adjunct Professor for the MBA-level course Total Rewards Systems at Seattle Pacific University and donated more than 80% of salary earned to the University earmarked to assist students with disabilities.