{"id":3093,"date":"2020-11-14T13:19:32","date_gmt":"2020-11-14T13:19:32","guid":{"rendered":"https:\/\/lawtondailynews.com\/?p=3093"},"modified":"2020-11-14T13:19:32","modified_gmt":"2020-11-14T13:19:32","slug":"oklahoma-billionaire-chad-richison-joins-the-giving-pledge-shares-his-philanthropy-goals","status":"publish","type":"post","link":"https:\/\/enidpost.com\/index.php\/2020\/11\/14\/oklahoma-billionaire-chad-richison-joins-the-giving-pledge-shares-his-philanthropy-goals\/","title":{"rendered":"Oklahoma Billionaire Chad Richison Joins The Giving Pledge, Shares His Philanthropy Goals"},"content":{"rendered":"<p>OKLAHOMA &#8211; Chad Richison\u00a0first heard of the\u00a0Giving Pledge\u00a0about a decade ago at a poker game organized by\u00a0Warren Buffett. There, the Oracle of Omaha talked about the campaign he had just started with\u00a0Bill Gates\u00a0for wealthy donors to commit to give more than half of their wealth to charitable causes. Richison, the CEO and\u00a0founder\u00a0of Oklahoma City-based payroll processing firm Paycom, wasn\u2019t yet a billionaire then \u2014 but the idea stuck with him. Richison, now worth $3.4 billion, told\u00a0<em>Forbes<\/em> that he has just signed on to the Giving Pledge. He also discussed his philanthropy in his home state of Oklahoma and in the field of mental health.<\/p>\n<p>\u201cI want to make a sustainable difference,\u201d Richison, age 49, told\u00a0<em>Forbes<\/em>\u00a0in an email interview. \u201cIn a perfect world, I would identify those opportunities and give well before my dying days so I can see the good the gifts are doing.\u201d<\/p>\n<p>Richison, who owns about 12% of Paycom shares, first joined the billionaire club in 2019 when the company\u2019s stock surged enough to earn him a place on\u00a0<em>Forbes<\/em>\u2019 World\u2019s Billionaires list with a net worth of $1.5 billion. He grew up in the farming town of Tuttle, a half hour\u2019s drive south of Oklahoma City, and has donated $57 million thus far to causes ranging from food banks across the state to local charter schools. His\u00a0latest\u00a0gift, a $5 million donation to the American Cancer Society, will help build a new center in Oklahoma City that will provide free lodging for cancer patients traveling to the city for treatment.<\/p>\n<p>At the University of Central Oklahoma, his alma mater, Richison\u2019s combined gifts of $14 million in 2015 and 2017 \u2014 a university\u00a0record\u00a0\u2014 funded a complete overhaul of the university\u2019s athletics program, including brand new locker rooms and training facilities for the wrestling and football teams.<\/p>\n<p>Mental health is not the kind of issue you\u2019d expect to be championed by a former high school wrestler who grew up hauling hay in the fields of central Oklahoma. Yet that\u2019s the focus of his primary foundation,\u00a0Green Shoe, which aims to end the stigma of mental health disorders and provides weeklong retreats for anyone above the age of 21.<\/p>\n<p>The idea behind Green Shoe is that everyone \u2014 even if they haven\u2019t been diagnosed with a mental health condition \u2014 needs to assess their childhood trauma, which the foundation defines as anything \u201cless than nurturing.\u201d For a deposit of $475, which is returned if an attendee completes the retreat, participants spend five days in small groups of four to six people with the center\u2019s four licensed therapists. The sessions include art therapy and writing letters to their younger selves, as well as educational activities. \u201cYou are your own judge over what you call trauma,\u201d Richison told\u00a0<em>Forbes<\/em>\u00a0during a visit to the foundation in November 2019. \u201cThe goal is to prevent it from going from generation to generation.\u201d<\/p>\n<p>Richison attended a similar retreat himself in Arizona many years ago and returned feeling \u201cenlightened,\u201d but he was dismayed by the high cost of entry. In 2015, Richison decided to set up Green Shoe to reach people who otherwise might not be able to afford the experience. \u201cThese generally cost between $2,500 and $3,500 per retreat,\u201d says Stephany Cochran, the foundation\u2019s executive director. \u201cGreen Shoe is the only one that\u2019s essentially free.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"<p>OKLAHOMA &#8211; Chad Richison\u00a0first heard of the\u00a0Giving Pledge\u00a0about a decade ago at a poker game organized by\u00a0Warren Buffett. There, the Oracle of Omaha talked about the campaign he had just started with\u00a0Bill Gates\u00a0for wealthy donors to commit to give more than half of their wealth to charitable causes. Richison, the CEO and\u00a0founder\u00a0of Oklahoma City-based payroll [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":3094,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"content-type":"","_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[1],"tags":[],"class_list":{"0":"post-3093","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-uncategorized"},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.4 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Oklahoma Billionaire Chad Richison Joins The Giving Pledge, Shares His Philanthropy Goals - Enid Post<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enidpost.com\/index.php\/2020\/11\/14\/oklahoma-billionaire-chad-richison-joins-the-giving-pledge-shares-his-philanthropy-goals\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Oklahoma Billionaire Chad Richison Joins The Giving Pledge, Shares His Philanthropy Goals - Enid Post\" \/>\n<meta property=\"og:description\" content=\"OKLAHOMA &#8211; Chad Richison\u00a0first heard of the\u00a0Giving Pledge\u00a0about a decade ago at a poker game organized by\u00a0Warren Buffett. 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