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October 04, 2005

A for-profit non-profit

Jeff Cornwall tells us about Pura Vida Coffee, a for-profit company with a non-profit mandate.

Pura Vida is 100% charitably owned. All of [their] resources go to help at-risk children in coffee-growing countries who suffer from the damaging effects of poverty… An interesting business model to say the least! They offer any investors only the possibility of a modest financial return (at best) capped at about a T-Bill rate. They believe that the good that they can do through the capitalistic system more than makes up for any shortfall in profit returns to their investors.

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