20211205 : dual purpose organization
I was just thinking last night/ early morning today.. What if someone ran an organisation. Which looked like this: A professional services organization - which is run well - to international standards. Does generate earnings - but maximising profits is not the goal. Is not a listed business so has no typical investors, so no market pressures for quarterly profits etc. Then a 2nd part of the organisation - almost a co-ceo, whose only objective is to give away wealth. Initially start with giving away earnings generated by the other hand but approaches wealthy to offer to run their philanthropic interests. I am guessing one of the worries of very rich folks to give away wealth is - how to ensure the wealth actually reaches the needed place with well run place. The business side - since it doesn't have typical pressures, can give time to their employees to be part of or even run some of these initiatives - I am sure tons of folks would join such a place where they are rewarded with an