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I don't know anything about Rodale or their sustainability but in this case a non-profit, in the U.S., is a tax code distinction. It doesn't mean they don't gen
by tarentel 10y ago
I don't know anything about Rodale or their sustainability but in this case a non-profit, in the U.S., is a tax code distinction. It doesn't mean they don't generate a profit, it just sets rules on what they're allowed to do with it, among other things.
- mjpuser 10y agoI don't have any 1st hand experience with this, but my friend is in finance, and he is doing pro bono work for a non profit. One thing he mentioned to me that struck him was that this company invested money in areas with high risk. He said it wasn't so much about money in some cases, but the mission of the company. So I can see how being a non profit can change some things.