Social-Enterprise Bookseller Offers Incentives to Nonprofit Literacy Partners

Better World Books, a for-profit social enterprise that collects and sells books online, with a percentage of profits going toward literacy initiatives in the U.S. and worldwide, recently announced the creation of an Incentive Stock Option program for its nonprofit literacy partners.

The program offers an initial group of five literacy partners — Books for Africa, Room to Read, Worldfund, the Robinson Community Learning Center and the National Center for Family Literacy — an equity stake in approximately 5 percent of the company.