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Opportunity Collaboration

Establish a Perpetual Purpose Trust

Summary:

Assist a global network of leaders fighting poverty and injustice by helping them establish a Perpetual Purpose Trust.

Referred by:

Jurisdiction(s): US
About the Organization: Opportunity Collaboration is a global network of leaders dedicated to building sustainable solutions to poverty and injustice.
Legal Entity Type: For-profit
SDG(s): Decent Work and Economic Growth, End Poverty, Gender Equality, Good Health and Well Being, Partnerships to achieve the Goals, Peace, Justice, and Strong Institutions, Reduced Inequalities, Responsible Consumption and Production, Sustainable Cities and Communities, Zero Hunger
Legal Issue(s):

Opportunity Collaboration (OC) is reconfiguring its ownership structure from a privately owned LLC (registered in CA) to a form of “steward ownership” via the creation of a Perpetual Purpose Trust (PPT). Five additional for-profit and non-profit entities will become a part of the PPT as well. OC has drafted the initial design documents, and each of these five entities has signed an MOA signaling their commitment to join. Now, the OC team is seeking assistance from an attorney to legally form the PPT.