When thinking about philanthropy and charity, our minds often leap to nonprofits. But what if I told you that donating to a for-profit might sometimes lead to a more significant and tangible impact?

In the dynamic startup landscape, choosing the appropriate business model is crucial. A question that entrepreneurs often consider is, “Is it more effective to scale as a for-profit or a non-profit?” In this post we will dive into this latter question and compare a few very distinct companies who have lived both the nonprofit and for-profit lives.

You’ve likely heard about, or even made a purchase on, the Etsy website – but you may not know as much about Etsy’s corporate social responsibility program. One of their core impact goals of 2023 is to build more diversity into their marketplaces and increase underrepresented seller shops. In service of this goal, Etsy announced a partnership with Grameen America, a nonprofit that facilitates microloans to female entrepreneurs in the US.