By default, that would make his venture for profit for purposes of IRS (whether he wants to make money or not) and therefore, taxable.
To turn to a specific, currently relevant example, if fixed-interest bonds are bad, but equity investments are acceptable, then what if an investor buys a non-voting equity instrument whose return is based on profit shared between him and the venture--with any profit above 6% given to the venture as a "reward"?
The other option is a spanking-new for-profit venture down the street that specializes in joints.
The Natural Capital Project, a non-profit venture led in part by scientists from Stanford University, has changed that.
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Alex Budak helped create StartSomeGood.com, a for-profit venture, to help social entrepreneurs raise money, regardless of their economic model.
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From the tax point of view it's not such a bad idea to run a museum as a for-profit venture.
This non-profit venture led in part by scientists from Stanford University has developed a software tool to help map out the value of natural resources.
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Rent-to-Own, for example, is a current for-profit venture incubated by EWB.
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Airsafe.com, a not-for-profit venture that compiles airline-safety statistics, notes only four cases in which a flight crew intentionally landed a commercial jet into a body of water.
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This includes money given to the Charter School Growth Fund, a non-profit venture capital fund, to which another billionaire, Gap co-founder Doris Fisher, has also contributed.
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Joel and two other business-minded do-gooders portrayed in the film were some of the fellows sent overseas for 10 months by the Acumen Fund, a non-profit venture fund aimed at tackling poverty.
Tourism to the Lamanai Outpost jungle lodge, in the wild heart of Belize, helps fund the Lamanai Field Research Center (LFRC) -- a not-for-profit venture established in 1992 to promote sustainable land use and tourism in the Central American country.
Mailman suggests that novice investors check out the Acumen Fund, a non-profit venture fund that invests in innovative leaders and social enterprises throughout the developing world, and TONIIC, a network of investors, entrepreneurs, funds and thought-leaders working to provide early-stage funding for global social enterprises.
Global revenues from clean tech businesses--including air and water purification, advanced materials, distributed power generation, renewable energy, and process controls, such as sensors to monitor air and water--now surpass 85 billion pounds, according to the Cleantech Venture Network, a for-profit membership group that connects venture and institutional investors with entrepreneurs.
Over the course of a six-month bootcamp, women learn the fundraising process and ultimately invest as a group in a single female-led for-profit social venture.
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The publishing company is seen as a possible bidder for Tribune Co. newspapers including the Los Angeles Times, and it also continues to pour money into its fledgling for-profit education venture called Amplify.
The big payout comes from any profit, which venture investors take a 20% cut and the limited partners keep the rest.
Now lenders of every stripecommercial institutions, bridge-loan outfits, venture leasing firmsare falling all over themselves to hand out cash to profit-challenged companies, provided they have venture capital backing.
Even if you never show a profit, you can claim your losses if you can show you had good reason to believe you might make money--a chance for a substantial profit in a speculative venture is enough--and adjusted your strategy or quit the business when it didn't pan out.
As Craig Venter's Celera Genomics caught fire, Millennium looked like a more business-focused venture, with a clearer plan to profit.
Eirene is a firm focused on building for-profit, for purpose and venture philanthropy endeavors that tackle problems affecting at least 1 billion people.
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After completion, Pearson will report its 47% share of profit after tax from the joint venture as an associate in its consolidated income statement.
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This move has raised concerns that Merck is not as interested in pushing a joint-venture drug that yields only half of each profit dollar.
Both entrepreneurs looking to profit from location data and the venture firms (such as Sequoia Capital and Greylock Partners) that have bankrolled their efforts are unsurprisingly bullish about their prospects.
After all, that decade ended with venture capital firms and their limited partners flushed with profit.
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But with those venture capitalists and investors pressing Facebook to turn a profit, the site doesn't seem likely to squelch a lucrative advertising project to please a minority of privacy advocates.
The Pipeline Fund is a social venture fund that invests in women-led for-profit social ventures and trains women philanthropists to become angel investors.
Numerous, small investments may just meet the needs of social entrepreneurs who lie between a nonprofit organization and a larger, for-profit that will have returns attractive enough for venture capitalists.
Kirsch says there are now 30 venture philanthropy funds, up from 3 when she started New Profit.
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