Coming soon - Get a detailed view of why an account is flagged as spam!
view details

This post has been de-listed

It is no longer included in search results and normal feeds (front page, hot posts, subreddit posts, etc). It remains visible only via the author's post history.

2
Blending a non-profit and a for-profit: do any entrepreneurs here have exposure in the non-profit and/or grant worlds?
Post Flair (click to view more posts with a particular flair)
Post Body

I went looking for advice from experienced grant writers, but it doesn't seem like they congregate in any specific sub. R/nonprofit is rather small, so I'm giving this place a shot.

I have a startup that is tackling a climate-change related problem and am planning on incorporating both a "scientific" 501(c)3 and a for-profit company (it might be an LLC, or it might be a C-corp -- it's not decided yet). Both organizations will be serving and supporting the same public interest activity. The non-profit will focus on advocacy and research and development. The for-profit will build and manage the manufacturing plants (which will each cost on the order of $50M to build).

The 501(c)3 will likely own a significant portion of the for-profit company (which is legal provided that the for-profit company directly advances the mission of the non-profit). The product that we are developing is probably 2 years away from being sold to customers, but when that time comes, the actual manufacturing process will be managed by the for-profit company. The continued research efforts will continue to be managed by the non-profit. The non-profit will pursue grants eligible to non-profits, and the for-profit will pursue grants eligible to for-profits (in addition to taking investments, venture capital and DoE and other government funding).

My question is: is this structure something that will cause a problem in the non-profit grant world?

Author
Account Strength
70%
Account Age
3 years
Verified Email
Yes
Verified Flair
No
Total Karma
1,120
Link Karma
69
Comment Karma
937
Profile updated: 3 days ago
Posts updated: 1 month ago

Subreddit

Post Details

We try to extract some basic information from the post title. This is not always successful or accurate, please use your best judgement and compare these values to the post title and body for confirmation.
Posted
2 years ago