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Quotable: Does the Charity Model Destroy Value?

"My basic theory was this: “Charities” raise funds and redistribute them. By nature, value is destroyed in the process. You hope a well run charity might take your $1 donation and turn it into 80 cents of giving. A for-profit company, however, creates value. An investor expects their $1 to generate income over and over again. What if you created a for-profit business, then used the resources created for ministry?"

- Business owner and Business as Ministry Entreprenuer

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posted by Justin Forman | 1.17.2009 - 11:23 AM

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