Kickstarter Focuses Its Mission on Altruism Over Profit - The New York Times
▻http://www.nytimes.com/2015/09/21/technology/kickstarters-altruistic-vision-profits-as-the-means-not-the-mission.html
#Kickstarter is exceptionally charitable, for instance, donating 5 percent of after-tax profits to causes that support the arts and combat inequality. Kickstarter has also agreed to “not use loopholes or other esoteric but legal tax management strategies to reduce its tax burden.”
Kickstarter decided to become a #public_benefit_corporation because “there’s a huge difference between a values document and the legal foundation of your company”
[Photo Credit Jake Naughton for The New York Times]