The same business is worth more under charitable ownership

Building the first rigorous before-and-after test, through research, instrumented acquisitions, and pre-registered measurement.

Thesis summary

Project COA exists to prove and quantify the Charitable Ownership Advantage:

The thesis that the same business generates more profit under charitable ownership than under conventional ownership.

When customers, employees, suppliers, media, and other stakeholders can see that profits flow to charity rather than to private shareholders, documented preferences activate — improving demand, hiring, retention, supplier relations, and earned media.

The effects need not be dramatic. Most businesses operate on thin margins, where even modest input changes compound into large profit effects. A few percentage points of better customer acquisition, lower employee turnover, and stronger supplier terms can stack across the P&L into outsized profit gains.

Proof stack

10pp
higher sale probability At price parity, charity-linked eBay listings outsold identical non-charity listings across 162,000 matched auctions.
91%

would switch brands Consumers say they’d switch to a purpose-driven brand when price and quality are otherwise equal.

365%

surge in job searches After Patagonia transferred ownership to a mission-locked trust, searches for its jobs jumped from 17,000 to 79,000.

$200B+

combined revenue Twelve verified Profit-for-Good companies already operate at over $200 billion in combined annual revenue.

Featured publications

For readers who want to inspect the written case in full, the publications below trace the thesis from its earliest formulation to its current articulation. Featured pieces appear as cards on the homepage; the archive lives on a separate page accessible from this section.

The Charitable Ownership Advantage: Strange if Not True

(January 2026)

The thesis statement: the same business is worth more under charitable ownership than under conventional ownership, and for that not to be true, something genuinely strange would have to be happening between documented stakeholder preferences and market behavior.

The War Philanthropists Don't Know They Can Win

(September 2025)

Philanthropists and the everyday economic decisions of the rest of the world are structurally aligned — and the alliance, once activated, could redirect a substantial share of global business profit toward solving humanity’s most pressing problems.

PFG Research Compilation

 (December 2025)

A synthesis of the empirical evidence for the Charitable Ownership Advantage across consumer behavior, employee decisions, supplier relations, institutional procurement, capital markets, and earned media — drawing on field experiments, real labor market data, and verified Profit for Good companies operating at scale.

Founder TEDx talk

A 12-minute introduction to the Profit for Good model and the case for businesses whose profits permanently flow to effective charities, the foundational public articulation of the ideas Project COA is now testing rigorously.