STEWARD-OWNERSHIP
PURPOSE OVER PROFIT MAXIMIZATION
Profits are ae means to an end - and not an end in and of themselves.
STEWARD-OWNERSHIP
PURPOSE OVER PROFIT MAXIMIZATION
Profits are ae means to an end - and not an end in and of themselves.
WE ARE STEWARD-OWNED
Steward-owned companies share two principles.
Principal One
Principal One
Principal One
PROFITS SERVE PURPOSE
PROFITS SERVE PURPOSE
PROFITS SERVE PURPOSE
Profits are reinvested in the business, used to fairly pay founders and capital providers, shared with employees, and used to improve communities – all to further a purpose.
Principal Two
Principal Two
Principal Two
SELF-GOVERNANCE
SELF-GOVERNANCE
SELF-GOVERNANCE
Stewards safeguard the company’s purpose to benefit all stakeholders (founders, investors, employees, customers, vendors, and communities).
Stewards safeguard the company’s purpose to benefit all stakeholders (founders, investors, employees, customers, vendors, and communities).
Stewards safeguard the company’s purpose to benefit all stakeholders (founders, investors, employees, customers, vendors, and communities).
STEWARD-OWNERSHIP MODEL
STEWARD-OWNERSHIP MODEL
STEWARD-OWNERSHIP MODEL
PURPOSE SHAREHOLDER
A Purpose Shareholder has no economic rights and has only one job – to veto certain purpose-damaging actions. Examples of Purpose Share veto rights could be the right to veto conversion away from a public benefit corporation or the right to veto a company sale to a group that doesn’t share the same values. Having a Purpose Shareholder shows a true commitment to purpose.
Steward-Ownership Share Rights.
Steward-Ownership Share Rights.
Steward
Steward Shares hold voting rights, but no economic rights. Only people close to the business can hold these shares
Steward
Steward Shares hold voting rights, but no economic rights. Only people close to the business can hold these shares
Economic
Non-voting shareholders hold econmic rights but not voting rights.
Economic
Non-voting shareholders hold econmic rights but not voting rights.
Purpose
Has veto rights to help to guarantee mission lock.
Purpose
Has veto rights to help to guarantee mission lock.
PURPOSE SHAREHOLDER
A Purpose Shareholder has no economic rights and has only one job – to veto certain purpose-damaging actions. Examples of Purpose Share veto rights could be the right to veto conversion away from a public benefit corporation or the right to veto a company sale to a group that doesn’t share the same values. Having a Purpose Shareholder shows a true commitment to purpose.
Steward-Ownership Share Rights.
Steward
Steward Shares hold voting rights, but no economic rights. Only people close to the business can hold these shares
Economic
Non-voting shareholders hold econmic rights but not voting rights.
Purpose
Has veto rights to help to guarantee mission lock.
Is steward ownership right for you?
© 2024-2025 Unified Law Group, PB LLC.
All Rights Reserved.
© 2024-2025 Unified Law Group, PB LLC.
All Rights Reserved.
© 2024-2025 Unified Law Group, PB LLC. All Rights Reserved.
© 2024-2025 Unified Law Group, PB LLC. All Rights Reserved.