Friday, July 06, 2007

Financial Concept: Non-Profit / Not For Profit Monetary Exchange

Hello All,

Globally there are world for profit stock markets listing numerous upon end capitalistic enterprises. Why not have an equivalent monetary exchange as a ultimate fund raising system for "non-profits" and "not for profits"?

Where instead of stocks per say of these for profit companies exchanging hands on the markets. Trust funds of these non-profits / not for profits are traded Ala a mutual fund of sorts. Bonds can also be issued as another financial instrument. There can be ETF's (Exchange Traded Funds) that focus entirely on "Social Programs" of the greater good. Such as: Eco-Friendly initiatives, civic volunteer involvement, food banks, homelessness, etc...

Not unlike a "Fortune 500" for the capitalists, why not create a "Service 500" for the top serving charitable organizations to the world. I.E. The Red Cross, Heifer International, YMCA, Salvation Army, Mercy Corps, The United Way, St. Judes Children's Hospital. Goodwill Industries, etc...

Why can't philanthropic groups united with numerous foundations and charitable trusts unite to form such a non-profit / not for profit monetary exchange. So as to increase further awareness of all these socially progressive organizations and ultimately raise much needed financial capital.