Joe Sanberg

Joseph N. Sanberg (born July 12, 1979), from California, is an American entrepreneur and investor. He is the founder of CalEITC4Me, a statewide outreach program in California that helps low-income families claim the state and federal earned income tax credits. He is co-founder of Aspiration, Inc., an online banking and investing firm that provides socially conscious products with a "Pay What Is Fair" business model.[1][2]

Joe Sanberg
Born (1979-07-12) July 12, 1979
Southern California, U.S.
EducationHarvard University (AB)
Political partyDemocratic
WebsiteOfficial website

Education

Born and raised in Southern California, Sanberg went to Anaheim's Servite High School[1] and studied at Harvard University.[3]

Career

After attending Harvard on scholarship, Sanberg went to Wall Street and earned enough to feel monetarily secure. He was uneasy working in an industry that he said “totally divorced service from profit,” and shifted to investing in start-ups, including the meal delivery outfit Blue Apron and Aspiration.com.[4]

Sanberg co-founded Aspiration, Inc., an online financial company, with Andrei Cherny in 2013.[5] Aspiration enables customers to choose their own fee levels on checking and investment accounts, and offers managed funds that are 100% fossil-fuel free.[6]

Sanberg is a founding investor in Blue Apron, a home meal delivery service and IVY.com, a "social university".[7]

Sanberg holds positions at multiple public service organizations including serving on the Board of Governors at the Jefferson Awards Foundation, an organization that engages over a million youth in volunteer programs and public service annually.[8]

Sanberg was called "the spark" for his leadership in 2015 toward California launching an Earned Income Tax Credit (EITC). To support the California EITC, he founded a statewide outreach program called CalEITC4Me that is administered by Golden State Opportunity Foundation, which conducts research, analysis, public information and education programs with the aim of creating economic security for Californians.[9][10] CalEITC4Me helps working families claim the state and federal earned income tax credits (EITC) and helps families get free tax preparation services.[11]

Potential 2020 candidacy

Ozy and the San Francisco Chronicle have both reported that people are urging Sanberg to run for president in 2020 on an anti-poverty platform.[12][13] Sanberg has said that he will support whoever the Democratic nominee is if he doesn't.[14] However, in early April 2019, Sanberg began traveling to Ohio to test the possibility of a presidential run.[15] Ultimately, on June 1, 2019, at the California Democrats State Convention, Sanberg announced that he would not campaign for the presidency.[16]

References
  1. "Most Influential 2016: Joseph Sanberg connects the working poor to California's earned income tax credit – Orange County Register".
  2. Fouriezos, Nick. "The Democratic Party's Next Move: Making Friends with Big Business".
  3. "Two Harvard Friends Aspire to Do Well by Doing Good - Stories - Harvard Alumni".
  4. "He made millions as an L.A. investor. Now, he may run for president to fight poverty". Los Angeles Times. May 28, 2019. Retrieved September 8, 2019.
  5. Henry, Zoë (June 15, 2017). "This Founder Grew Up on Food Stamps. Now He Runs a Digital Money Manager for the Middle Class". Inc.com. Retrieved December 25, 2019.
  6. "Aspiration - Do Well. Do Good". Aspiration. Retrieved May 18, 2017.
  7. "About me – Joe Sanberg". joesanberg.com.
  8. "Jefferson Awards Foundation - About Us". Jefferson Awards Foundation. Retrieved May 17, 2017.
  9. "POLITICO California Playbook, presented by Chevron: HORROR IN SAN BERNARDINO -- NURSES for Newsom -- NEW PPIC poll". POLITICO.
  10. "Creating a Current for Change: Joe Sanberg's Golden State Opportunity | VOICE". VOICE. January 7, 2016. Retrieved May 17, 2017.
  11. "First-time state tax credit aids thousands of O.C. families". Orange County Register.
  12. "Is This Blue Apron Investor Aiming for the White House on a Poverty Platform". OZY.
  13. "Taking on Trump: Democrats lining up early for 2020". San Francisco Chronicle. December 13, 2018. Retrieved December 14, 2018.
  14. Sanberg, Joe (February 8, 2019). "I will support whoever is the Democratic nominee for President in 2020!". Retrieved May 16, 2019.
  15. "California entrepreneur Joe Sanberg tests the Ohio waters for Democratic presidential run". Cleveland. April 12, 2019.
  16. Mark Z. Barabak and Melanie Mason (June 1, 2019). "At California convention, Democratic candidates unite in bashing Trump but squabble over issues". Los Angeles Times. Retrieved June 1, 2019.
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