Hybrid non-profit/for-profit structure key to success for Indian social venture.

Dial 1298 Image
Dial 1298 Image

Harvard Business Review reports on a clever sustainable business strategy by Dial 1298 providing ambulance services to previously unserved areas in Mumbai, India.   The venture is structured using a clever hybrid approach wherby a non-profit foundation owns the ambulances and other assets which it rents exclusively to the for-profit Dial 1298 on a per use basis. 

This structure allows Dial 1298 to operate profitably with very low overhead, while the non-profit structure of the foundation allows it receive donated ambulances and other significant philanthropic support. 

Although the IRS may take a close look at such structures if formed in the U.S., I think this sort of thing can and will work here as well.   IMO, this sort of hybrid structure offers a lot more flexibility and lot less compromises than the Low Profit Limited Liability Company (L3C).

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2 thoughts on “Hybrid non-profit/for-profit structure key to success for Indian social venture.

  1. Hi! I forgot to mention around the 29th of May that was 315lbs
    what I considered. Today the scale stated
    310.5 I did not exercise or watch what I was eating but I did find I was not-too hungry between meals.

    I shall include some exercise to aid me with my trip.

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