May 06, 2002

Is there anything between a

Is there anything between a public corporation and a non-profit corporation?  Like an entity that isn't penalized (through loss of share value for shareholders) for doing good like donating to charity or doing other foundation things, but also isn't limited in growth like nonprofits usually are?  (I just mean that nonprofits usually would have trouble justifying investing their money/cash for capital growth purposes.)  There's corporations that do more charity, of course, and there are nonprofits that are big, I'm just wondering if there could exist another entity or framework that would make it in a company's financial interests to benefit more than just their own internal balance sheets.
Posted by Curt at May 6, 2002 03:11 PM