Better World Books Creates Unprecedented Financial Incentives for Nonprofit Literacy Partners
Fast Growing Social Enterprise to Link Direct Social and Environmental Improvement to Equity Investment
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Atlanta, GA, May 26, 2009 — Today Better World Books announced the creation of an Incentive Stock Option program for its non-profit literacy partners, an unprecedented financial innovation in social entrepreneurship. The program puts aside approximately 5% of the company for use in stock option grants to an initial group of five literacy partners with potential to add others in the future: Books for Africa, Room to Read, Worldfund, the Robinson Community Learning Center and the National Center for Family Literacy.
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- Companies:
- Better World Books
- People:
- David Murphy
- Xavier Helgesen
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