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MoringaConnect/True Foundry

Consultation on Operating a Hybrid Entity

Summary:

Help a social enterprise supporting farmers in Ghana by providing a consultation on operating a hybrid entity.

Referred by:

Jurisdiction(s): U.S.
About the Organization: MoringaConnect is a social enterprise that creates transformational wealth for women and farming communities in Ghana. They provide a dedicated agricultural extension officer, training, organic seeds and fertilizer, and financing as needed to enable over 5000 small farmers throughout Ghana to kickstart their moringa farms. Most importantly, they provide a guaranteed market for the leaves and seeds they produce. These seeds are then turned into oil, tea, and powder that is sold around the world. MoringaConnect has two subdisiaries in Ghana, and recently established two nonprofits in Ghana and a 501c3 in the United States. The 501c3, True Foundry, is helping African founders build sustainable companies and flourishing communities.
Legal Entity Type: Hybrid (nonprofit + for-profit affiliates)
SDG(s): Climate Action, Decent Work and Economic Growth, End Poverty, Gender Equality, Good Health and Well Being, Life on Land (sustainability of ecosystems), Partnerships to achieve the Goals, Reduced Inequalities, Zero Hunger
Legal Issue(s):

MoringaConnect has two subsidiaries, and also recently established a 501c3 in the United States, as well as two nonprofits in Ghana. They are seeking a comprehensive consultation to discuss best practices for operating their hybrid entity. Down the line, they will also need assistance drafting an Operating Agreement. However, this is a secondary request.

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