Economy of Communion
MUNDELL & ASSOCIATES began its operations in 1995 as part of a worldwide economic initiative now known as The Economy of Communion. The Economy of Communion (EOC) promotes a commitment by business owners to operate their businesses both for profit and for the benefit of society.
Those who participate are concerned about the negative effects of the "culture of having" that dominates society and sometimes inadvertently marginalizes people. To promote a "culture of giving" which creates an all-inclusive, healthier, happier society, both profits and needs are shared within the EOC in an atmosphere of mutual support and trust.
The people who benefit from the profits of the businesses (i.e. those who are in need), assume an 'active role'. Receiving takes on the same value as giving. The need is a contribution that is offered in full dignity and fraternity. In 1992, the EOC's 'culture of giving' provided help for about 5000 poor. In 2000, this number had grown to over 10,000. Approximately 85% of last year's requests for food, housing and medical assistance were met through the EOC initiative. The greatest number of needy are in third-world countries.
This innovative proposal was launched in 1991 by an Italian woman named Chiara Lubich, leader of a worldwide organization called the Focolare Movement. Today, over 750 businesses in 60 countries participate in the Economy of Communion.
The Economy of Communion businesses share a portion of their profits to benefit struggling communities such as these.