http://thecollegestartup.com/2009/11/02/can-charity-be-a-for-profit-business-model/ The Spirit of a College Entrepreneur Sat, 04 Sep 2010 20:08:35 +0000 hourly 1 http://wordpress.org/?v=3.0.1 http://thecollegestartup.com/2009/11/02/can-charity-be-a-for-profit-business-model/comment-page-1/#comment-79 The Cranky Hominid Mon, 29 Mar 2010 03:51:04 +0000 http://thecollegestartup.com/?p=132#comment-79 I agree, the stigma needs to be overcome however. I wish you well. I agree, the stigma needs to be overcome however. I wish you well.

]]> http://thecollegestartup.com/2009/11/02/can-charity-be-a-for-profit-business-model/comment-page-1/#comment-30 In-Zane Wed, 04 Nov 2009 01:37:17 +0000 http://thecollegestartup.com/?p=132#comment-30 I totally agree, charity can be for-profit. The Morman Church comes to mind. In almost any non-profit organization, someone is profiting. Be it the president of the organization, the secretary receiving a minimum wage salary, or the paid celebrity doing the commercials, not all the money is being distributed to the needy. I really do appreciate a company like MyBigGive.com that calls it for what it is. It is not a bad thing to make money. The fact that a company donates a percentage of it's profits to a charity, just gives the company more incentive to do a better job and make more money, and in turn, donate more money. I totally agree, charity can be for-profit. The Morman Church comes to mind. In almost any non-profit organization, someone is profiting. Be it the president of the organization, the secretary receiving a minimum wage salary, or the paid celebrity doing the commercials, not all the money is being distributed to the needy. I really do appreciate a company like MyBigGive.com that calls it for what it is. It is not a bad thing to make money. The fact that a company donates a percentage of it’s profits to a charity, just gives the company more incentive to do a better job and make more money, and in turn, donate more money.

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