A more hands-on form of impact investment. The philanthropic version of Public/Private Partnerships. Entrepreneurs start for-profit businesses that are part owned by non-profit organizations. Their time, thinking, and expertise is used to create successful companies that are run for profit and donate some of their earnings to the non-profit.
"After winning big in tech, Steve turned his sights to philanthrepreneurship, launching a sustainable clothing line where 50% of the profits fuel a charity dedicated to restoring coral reefs. Now, he's not just making waves in fashion, but also in ocean conservation."
by kingzos April 09, 2024
A more hands-on form of impact investment. The philanthropic version of Public/Private Partnerships. Entrepreneurs start for-profit businesses that are part owned by non-profit organizations. Their time, thinking, and expertise is used to create successful companies that then provide funding back to the non-profits.
"After winning big in tech, Jay turned his sights to philanthrepreneurship, launching a sustainable clothing line where 50% of the profits fuel a charity dedicated to restoring coral reefs. Now, he's not just making waves in fashion, but also in ocean conservation."
by kingzos April 08, 2024