The concept of transferring ownership of a private business to a purpose trust was first popularized when the Patagonia transaction was announced—instead of “going public,” they were “going purpose” to allow the owner to monetize his stake in the business while at the same time ensure that the values of the business are preserved for future generat...
The Purpose Trust: Monetize Your Business While Preserving Its Legacy for Future Generations
Publish Date:
Jun 20 2024