The Joseph Principle

Stored in plenty, given in famine.

In Genesis, Joseph read the years of plenty as preparation for the years of famine. He stored in abundance so that, when the lean years came, there would be enough to give. Xerish Storehouse is named for that pattern — provision held with intent, released to do good.

“Let Pharaoh proceed to appoint overseers… and take a fifth of the produce of the land.”— Genesis 41:34

Twenty percent of net profit, every quarter.

Each quarter, twenty percent of Xerish SPC net profit transfers to Xerish Storehouse — the 501(c)(3) Donor-Advised Fund sponsor (recognition pending) — for redistribution to F.I.G.S.-vetted Kingdom causes. The share is computed and reserved before the founder is paid, so it comes off the larger base, not what is left over. Founder and principal compensation is excluded from that base entirely.

Once reserved, the twenty percent is not clawed back. And in a quarter where the SPC does not turn a profit, the covenant reserves nothing — never a negative, never a debt charged against the Kingdom. Zero or below means zero owed; the commitment resumes the next profitable quarter.

Written into the charter, not a revocable policy.

The Joseph Principle is written into the Xerish SPC charter under Washington RCW 23B.25, the Social Purpose Corporation statute. It is a structural commitment, not a marketing promise that can be quietly removed when it becomes inconvenient. The Storehouse board — not the founder alone — will allocate each transfer, consistent with the F.I.G.S. Recipient Vetting Policy; the board is to be seated before the first disbursement.

A profit covenant, not a pledge.

Plenty of organizations give. Fewer bind themselves to give a fixed share of profit, by charter, before anyone draws a salary. This is our commitment — a for-profit technology company covenanting a fifth of its profit to a 501(c)(3) for the Kingdom. We are not aware of an equivalent SPC-to-501(c)(3) profit covenant among giving platforms; we offer it as our standard, not as a comparison to anyone else.

Named, every quarter.

At least half of each transfer stays on-platform — direct to verified organizations on Xerish, or to gift-matching. Up to half may go to outside Kingdom organizations. Every dollar reaches an organization; none is retained by Xerish SPC. Recipients are named publicly each quarter. See where it goes →