BILLION DOLLAR ROUNDTABLE INC
7131 APPLEWATER CT, SPANISH FORT, AL 36527 www.billiondollarroundtable.org

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Organizations Filed Purposes: PROMOTION OF CORPORATE PURCHASING FROM MINORITY AND WOMEN-OWNED BUSINESS SUPPLIERS BY MAJOR CORPORATIONS.

PROMOTING AND SHARING BEST PRACTICES IN SUPPLY CHAIN DIVERSITY THROUGH CONFERENCES. BILLION DOLLAR ROUNDTABLE (BDR) SPONSORS AN ANNUAL SUMMIT CONFERENCE TO EXAMINE ISSUES IN SUPPLIER DIVERSITY. REPRESENTATIVES OF LARGE CORPORATIONS WHO WOULD LIKE TO INCREASE THE DIVERSITY OF THEIR SUPPLIER BASE ARE INVITED. BDR REPRESENTATIVES ALSO PARTICIPATE IN CONFERENCES SPONSORED BY OTHER ORGANIZATIONS WITH SIMILAR GOALS.

RECOGNIZING CORPORATIONS WHO ACHIEVE REQUIRED LEVELS OF SPENDING WITH QUALIFYING SUPPLIERS AND ENCOURAGING INCREASED LEVELS. QUALIFYING SUPPLIERS ARE THOSE WITH MINORITY, WOMEN, VETERAN, DISABLED, AND LGBT OWNERS. BILLION DOLLAR ROUNDTABLE CURRENTLY HAS 29 MEMBERS COMPOSED OF LARGE CORPORATIONS WHO HAVE MET THE REQUIREMENT OF SPENDING AT LEAST ONE BILLION DOLLARS WITH MINORITY AND WOMEN SUPPLIERS. PARTICIPATION LEVELS ARE VERIFIED BY INDEPENDENT TESTING.

COMMISSIONING AN ECONOMIC IMPACT STUDY TO QUANTIFY THE POSITIVE EFFECTS ON COMMUNITIES OF SPENDING WITH MINORITY OWNED SUPPLIERS. THIS STUDY USED AN EXPANDED SAMPLE SIZE IN AN EFFORT TO CONFIRM RESULTS FROM PREVIOUS STUDIES. THE CURRENT YEAR STUDY COMPLETED BY THE UNIVERSITY OF WASHINGTON DID IN FACT CONFIRM PREVIOUS FINDINGS THAT EACH DOLLAR SPENT YIELDS A TWO DOLLAR ECONOMIC IMPACT IN COMMUNITIES IN THE FORM OF INCREASED JOBS AND CONSUMER SPENDING.

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Data for this page was sourced from XML published by IRS (public 990 form dataset) from: https://s3.amazonaws.com/irs-form-990/202023109349300217_public.xml