The Pay-What-You-Want Experiment

For triple-bottom-line businesses, there are no guarantees that responsible practices will continue after a sale of the company. 'B corp', a new form of corporation in the United States, is one that aims to maximize not just profit, but social and environmental good.

The lack of access to healthy food has always been a problem for the financially unstable. Food stamps can now be used to buy fresh produce at farmers markets, but greater success could be achieved by getting grocery stores involved.

Funding with too many strings attached makes it hard for non-profits to grow and be impactful. An American organization, Nonprofit Finance Fund (N.F.F.) Capital Partners division, is finding ways to finance non-profits likes companies and has already shown great success in pilot situations.

Corporations concerned about their social and environmental impact must also consider the costs. Bcorps, a new form of corporation in the U.S., are using a rigorous certification process to gain consumers trust and boost sales.

Foreclosure affects millions of homeowners and millions more owe more on their mortgages than what their homes are worth, but Empowering and Strengthening Ohio’s People (ESOP), offers assistance. As a free service to borrowers, ESOP holds lenders accountable with fair lending agreements, creates constructive communication, and ultimately saves homes.

The company that manufactures Lifestraw, a water purification device, has found a way to distribute their product to impoverished Kenyan families for free, while still making a profit. In the global carbon credit market, businesses receive carbon credits for projects that reduce greenhouse gas emissions. These credits can then be sold to companies who need to offset their carbon emissions, allowing green companies to make a profit off of their small ecological footprint.

Attending college is not always a given option for gifted teenagers from less-than-wealthy backgrounds. National organization QuestBridge creates a way for low-income and minority high-achieving students to go to their dream colleges free of cost.

Lack of reading material is not only a third-world problem – many poor families in the United States lack access to and funds for books. A program that helps get books to into the homes of low-income families can boost literacy, and help publishers, too.

In combatting poverty, a giant informal economic system has quietly emerged in Africa. Women participate in micro-finance organizations that loan money in order to allow them to create businesses and become self-managing.

Through creative financing and new technology, a non-profit in San Francisco is making farmers markets more accessible to residents who rely on federal nutrition benefits.