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Ecofiltro: A For-Profit Social Venture

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Philip Wilson, Founder of Ecofiltro, explains why a for-profit structure was the right choice for his social venture, which is committed to providing sustainable, clean water to rural families in Guatemala--and why it might be right for yours, too.

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  • I think for-profit is better than non-profit for a lot of reasond, and depends on what you are doing. Non-profits are hampered by regulations, especially their political voice. In time, the govt is going to change tax-free status anyway, they are desperate for money. Finding like-minded people who are not focused on making a fortune on poor people or great social needs is really the challenge... I have decided financial transparency is really the only way to overcome that issue (money issue) and hope to keep everything public... the online format allows that kind of option/reach. WATER is so critical to life everywhere... if you can be true to your social goals, and not get sidetracked by any financial success you may generate... I think you will be a blessing to the world. Deborah Martin (work2gather. us)
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