The Rise of the Charitable For-Profit Entity
“Many Americans, and millions of business owners, want to do more than simply turn a profit — although they certainly have nothing against making money. Their goals also include improving the environment and developing communities. In the classic model, these social purposes had to be pursued in a non-profit corporation. But some regulations on tax-exempt non-profits such as limitations on political and lobbying activities, attracting and raising investment capital in addition to taxes on unrelated business income have made it a less desirable business entity for some.”
(via Forbes)
