Posted In: Charity, non-profit, Investing
Most charitable foundations take a big pot of money, usually bequeathed by a rich guy, and invest it for profit -- then take those profits and donate to charity. Great system … unless you aren't actually earning a profit.
Posted In: Amtrak, Hurricane Sandy
On Capitol Hill today, fiscal conservatives are likely to argue against the hundreds of millions of dollars in subsidies that go to Amtrak each year. But Hurricane Sandy showed you need to spend if you want to save.
Posted In: Runa Tea, Entrepreneurship
Social enterprises increasingly use morality and fair trading claims to attract investors rather than customers. Runa Tea is one.