Businesses Bluring the Lines Between Profit, People, and Planet

Derek Newberry — Mon, 07 May 2007 11:38:06 -0400

May 7, 2007 - 11:00, New York Times

"Businesses Try to Make Money and Save the World"

Story Link: http://www.nytimes.com/2007/05/06/business/yourmoney/06fourth.html?em&ex=1178683200&en=4c474e04cd06ee96&ei=5087%0A

Teaser:

ALTRUSHARE SECURITIES is a brokerage firm, engaged in the sort of things you might expect of a Wall Street outfit, like buying and selling stock, and providing research on companies. Unlike its peers, however, the firm is majority-owned by two charities that each control about one-third of it.

So is it a for-profit business? Or a nonprofit fund-raising machine?

In fact, like hundreds of new businesses starting up around the country, it is both. Altrushare is an example of the emerging convergence of for-profit money-making and nonprofit mission.

So is it a for-profit business? Or a nonprofit fund-raising machine?

In fact, like hundreds of new businesses starting up around the country, it is both. Altrushare is an example of the emerging convergence of for-profit money-making and nonprofit mission.

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Businesses Bluring the Lines Between Profit, People, and Planet