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All the Purpose Trusts in North America, we think
A plug for our database of purpose trusts, employee ownership trusts, and steward trusts in the US
Last year EO+WD published a database of perpetual purpose trusts, the first database of its kind.
ImpactAlpha wrote a story about it, then interviewed our friends at Common Trust for a podcast: “How ownership trusts can help close the wealth gap with Zoe Schlag of Common Trust - Impact Alpha Podcasts”
Since then, we’ve identified one new ownership trust, and it’s a pretty cool one: Zingerman’s Delicatessen in Ann Arbor, Michigan.
You can read the story of Zingerman’s conversion to perpetual purpose trust ownership in the CEO’s own words here: “Sharing the Next Big Step in Zingerman’s History: Putting a Perpetual Purpose Trust into place for our intellectual property.