Google.org is a for-profit foundation. How is this possible?
Can I start a for-profit organization and have the word “foundation” in it?
I keep searching for-profit on google and yahoo, it keeps coming up with “how to start a non-profit”
Google.org makes sense. It is more flexible with everything in all ways. Essentially, isn’t it a for-profit business with the word “foundation” attached to it and its main purpose is for social returns.
Can someone shed some light on this?
I’m trying to start a for-profit foundation and I want to give away all the money.
What you intend to do with your profits makes no difference in how you establish a for-profit business. You would do it the same way you would start any other for-profit company.
Then, if you want to give away all the money the company makes, you can do so.