Petition Closed
Petitioning The CA State Senate

Help Pass California Legislation that Will Allow Businesses to Do Well and Do Good

Today's breed of entrepreneur often faces a terrible binary, "either/or" decision -- "Should I be a for-profit or a non-profit."  The implication of the decision often destines the organization to either creating private wealth for investors or helping the planet and its people to flourish.

Now, that could change!

California stands to be one of a few states in the country that will lead in the effort to adopt a new organizational form where both goals can be seamlessly built into one organization.  No, this won't provide for tax deductible contributions for "for-profit" organizations, so it will not take money away from important philanthropic endeavors. But California's proposed Flexible Purpose Corporation legislation would allow for a new breed of organization where sustainable flourishing of people and the planet could be achieved in one organization.

Unlocking the private capital markets for these types of endeavors presents an unharnessed resource in tackling some of the world's toughest problems -- extreme poverty, malnutrition, infant mortality, lack of access to clean water, lack of access to education and electricity, transparency of supply chains to ensure freedom from slave labor, protection of the environment -- and the list goes on and on.

Please let the California legislature know that you want your voice counted as one supporting this type of organization.  Please sign this petition and pass it along to your friends.

Isn't it about time that we encouraged "Business for Good?"(sm)

 

Letter to
The CA State Senate
Thanks for taking the lead in California by proposing the Flexible Purpose Corporation legislation.

California stands to be one of a few states in the country that will lead in the effort to adopt a new organizational form where both "doing well" and "doing good" can be seamlessly built into one organization. Because this won't provide for tax deductible contributions for "for-profit" organizations, it will not take money away from important philanthropic endeavors or non-profits. But California's proposed Flexible Purpose Corporation legislation would allow for a new breed of organization where sustainable flourishing of people and the planet could be achieved in one organization, by unlocking the private capital markets for these types of endeavors.

I stand with you and offer my support and the support of my organization for the Flexible Purpose Corporation, which offers a new unharnessed resource for tackling some of the world's toughest problems -- extreme poverty, malnutrition, infant mortality, lack of access to clean water, lack of access to education and electricity, transparency of supply chains to ensure freedom from slave labor, protection of the environment -- and the list goes on and on.

Please add my name as a supporter and let me know what else I might do to help you in this important legislative initiative.