nonprofit-and-notforprofit

From the Sustainability Dictionary: Two types of organizations that are not expected or allowed to make a profit, though many still generate revenues from activities. In return for not earning profits, these organizations are regulated differently and are tax-exempt.

Non-profit organizations cannot distribute revenue to an individual or for-profit company. Any “earnings” gained in the pursuit of its goals are to be returned to the organization and used for these purposes. When non-profit organizations make “unrelated” income, they pay “unrelated business income tax” or UBIT on it.

Not-for-profit organizations distribute any profit among their members, who pay tax on the earnings through income tax.

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Lessons from a Failed Nonprofit

From each failure comes opportunity. In this post, Joseph Plummer reflects on his failed nonprofit and provides advice to others on avoiding the…
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How to Structure Your Social Enterprise for Maximum Benefit

Even social enterprises often are focused solely on their external mission, overlooking their employees’ needs for empowerment and wealth creation that worker-owned co-ops…
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Intuit Gives a Voice to Local Businesses That Make a Difference

Since the B Corporation movement’s inception a few years ago, policy makers are closer to giving businesses the option to create an organization…
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Community Food Enterprise: Local Success in a Global Marketplace

The Wallace Center, a program at Winrock International, has just released a compelling report on the business of local food. Funded by the…
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B Corps Win Healthy Tax Break in Landmark Law

B Lab, the force behind a new business sector designation—called the B Corporation—which recognizes companies that meet a set of social, environmental and…
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Conscientious Capitalism: The B Corp Annual Report

Corporations solve problems. Their solutions address human needs: A better running shoe, a faster search engine, a renewable way to produce energy. Sales—ultimately,…
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Thanks to Triple Pundit’s Sponsors

We’re lucky to have some really great sponsors here at 3p. In the case of the many organizations and companies we work with,…

E-Waste Recycling for the Little Guys?

Even before State-based laws designed to govern the proper handling of used electronics began emerging across the US, many large corporations had made…

How Sustainable Is My Plumber? … And Why You Should Care

You’re probably already familiar with the ongoing debates over greenwashing, and the various sustainability standards that enable companies to credibly avoid this label.…

Business Week Readers Name Top-5 Social Entrepreneurs

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How Can We Make Impact Investing Mainstream?

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B Corporation: A Way for “Good” Companies to Walk the Walk

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Saving the Banks, Nationalization, and Public Utilities: The Finance Public Utility

By Steven Tiell Most Americans can describe ways they are being screwed by the economic and political decisions our government is making. No…

Better World Books Creates Better World Through Triple Bottom Line

With all this talk about the “triple bottom line,” I have found very few companies who have actually achieved such a thing. Better…

Are the Girl Scouts a Social Enterprise?

What about WalMart? At a recent SoCap08 panel discussion on Market Creators, moderator Todd Johnson from Jones Day suggested the Girl Scouts of…