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)
Should Philanthropies Operate Like Businesses?
“What should you expect of your charities? Businesslike efficiency? Or something more intangible, less-easily defined?
Charles R. Bronfman and Jeffrey R. Solomon, chairman and president, respectively, of the Andrea and Charles Bronfman Philanthropies, favor businesslike thinking. Michael Edwards, a distinguished senior fellow at Demos, a social issues think tank, argues that social values should take precedence.” (via WSJ)
(I say YES…and no….what do you think?)
The Hopeful Continent: Africa Rising After Decades of Slow Growth (Africa has a real chance to follow in the footsteps of Asia)
(via http://www.economist.com/node/21541008)
