Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

Why is SPP using a nonprofit model instead of for profit?

model nonprofit profit spp
0
Posted

Why is SPP using a nonprofit model instead of for profit?

0

1. Stability and control. The nonprofit model provides a platform for commitment to xenotransplantation that is insulated from the market and decisions made by Pharmaceutical companies, who have in the past made fleeting (although significant) investments into the approach. 2. Integrity. Given that the business is nonprofit, University researchers collaborating with the nonprofit will not have an equity share. Therefore, they will be able to continue their research program without conflict of interest and will continue to have access to public research funding mechanisms. 3. Charitable Contributions. The nonprofit model provides a mechanism for tax deductible investment from philanthropists intent on finding a cure for diabetes. 4. Small business grants. The nonprofit will have access to local, state, and federal funds supporting the development of small businesses. 5. Cost containment. The inclusion of businessmen on the board of directors will provide expertise and oversight to keep

Related Questions

What is your question?

*Sadly, we had to bring back ads too. Hopefully more targeted.

Experts123