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A New Model for Financing Nonprofits

May 16, 2018 by Beth Johnson Filed Under: Worth Reading

Not-for-profits have a new way to get financing.

NPX, a company that is developing a model for nonprofit investment, announced on Tuesday the creation of a financial instrument that ties donations and investments in charities to performance. The idea is the brainchild of Lindsay Beck, a two-time cancer survivor who I wrote about in 2013 and co-founded NPX with Catarina Schwab, and Anna Pinedo, a partner at Mayer Brown.

 

Enjoy the entire New York Times story!

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