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Greyston Bakery
Greyston Bakery was founded in Riverdale, New York, by Bernie Glassman, a Zen Buddhist. Although it is a for-profit company, its profits go to its non-profit parent organization, the Greyston Foundation, where they are used on behalf of the local community. History The bakery was founded in 1982. Later that decade, Ben Cohen of Ben & Jerry's ice cream company agreed to purchase Greyston Bakery brownies for chocolate fudge brownie ice cream. In 2004, Greyston Bakery moved to a larger facility designed by Maya Lin to accommodate growth. In 2012, Greyston Bakery became New York State's first registered benefit corporation. Social mission The company aims to hire the hard-to-employ and is known for its "open hiring" practices, where anyone can sign up regardless of background. All profit from the company go to the Greyston Foundation, which uses it for low-income housing, day care open to the community, a medical center for those with AIDS, and other community endeavor ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Social Enterprise
A social enterprise is an organization that applies commercial strategies to maximize improvements in financial, social and environmental well-being. This may include maximizing social impact alongside profits for co-owners. Social enterprises can be structured as a business, a partnership for-profit or non-profit, and may take the form (depending on in which country the entity exists and the legal forms available) of a co-operative, mutual organization, a disregarded entity, a social business, a benefit corporation, a community interest company, a company limited by guarantee or a charity organisation. They can also take more conventional structures. Social enterprises have business, environmental and social goals. As a result, their social goals are embedded in their objective, which differentiates them from other organisations and companies. A social enterprise's main purpose is to promote, encourage, and make social change.J., Lane, Marc (2011). ''Social enterprise : empow ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |