Eat for Equity is a nonprofit, and by the end of the year, will be separating our growing catering program into a benefit corporation owned wholly by the nonprofit.
The nonprofit will be be the sole shareholder of the benefit corporation [b-corp], a specific benefit corporation called Eat for Equity Catering, SBC.
Why go this route? Eat for Equity began catering to expand the impact of our food-centered philanthropy and community-building, and to provide sustainable financial support for our community feasts and management.
Our catering program has ben “unrelated business income” for the nonprofit, which means that it isn’t considered central to our mission, and so is subject to tax. Once the catering program generates a substantial and disproportionate amount of revenue compared to mission-related activities, it starts to threaten the nonprofit’s tax-exempt status.
By separating the catering program into an independent benefit corporation, we protect the nonprofit, and open up possibilities for the catering company to grow.
What’s a benefit corporation? A benefit corporation is essentially a for-profit entity that is socially-minded. It has both business and charitable purposes, and built into the structure of the company is the idea that it will create social benefits as well as profits. Eat for Equity Catering will be a Specific Benefit Corporation, though there are also General Benefit Corporations. Other b-corps in Minnesota include Peace Coffee, Finnegans, and Events by Lady K. Read more information on benefit corporations in Minnesota here.
What’s the purpose of the new benefit corporation? Eat for Equity Catering engages in:
Eat for Equity is a nonprofit, and by the end of the year, will be separating our growing catering program into a benefit corporation owned wholly by the nonprofit. The nonprofit will be be the sole shareholder of the benefit corporation [b-corp], a specific benefit corporation called Eat for Equity Catering, SBC. Why go this route? Eat for Equity began catering […]
A recipe from Laos, from the kitchen of Vilay Ingredients (serves 8) 1.5 lbs. ground chicken 3/4 cup chicken broth 1 – 2 limes, juiced 1/2 cup mint 1/2 cup culantro 1/2 cup cilantro 1/2 cup very thinly sliced red onions 1 – 2 Tbs. fish sauce, to taste 1 Tbs., to taste, Laab Namtok […]
What kind of pie doesn’t need to be baked? Sometimes creative challenges lead you to the most delicious solutions. We don’t have an oven at Bonnaroo, so instead of baking bread, we grill it. And instead of baking pie or other sweets, we make desserts that don’t need any oven time – like this banana […]
Notes: All menu items are halal unless noted otherwise. We prioritize purchasing local and organic food, from women-, minority-, and cooperatively-owned businesses. Welcome Snack Espresso Brownies [not halal] Lemon Poppy Seed Cookies [V] PB Cookies [V, GF] Chocolate Chip Cookies [not halal] Local Cheeses, Roasted Garlic [V, GF], Pepper Jam [V, GF] Fresh Vegetable Crudite […]
We are donating our trailer to the International Indigenous Youth Council at Standing Rock. Above, is the [formerly Eat for Equity] trailer, in its new home at Oceti Sakowin camp, Standing Rock. Many of you will have been following the Standing Rock water protectors, an Indigenous led movement to stop the Dakota Access Pipeline from crossing through […]
Welcome Snack Lemon Poppy Seed Cookies [V] PB Cookies [GF] Gingersnap Cookies Cheeses, Nettle Pesto [GF], Carrot Harissa Spread [V, GF], Roasted Garlic [V, GF], Crudite [V, GF] Fresh Bread [V] Beverages Make Your Own Soda Bar [Lemon Verbena, Rhubarb, Mint-Lime, Raspberry] Fair State Brewing Cooperative Dinner Rainbow Salad with Golden Dressing [V, GF] Parmesan Grits [GF] BBQ Sea […]
This month, home is where the heart is. Your supper money will support Open Your Heart to the Hungry and Homeless, a nonprofit that supports hunger, homeless, and domestic violence organizations throughout Minnesota. Open Your Heart reaches communities where many traditional funders don’t reach and ensures your donation goes where the need is greatest. They provide funding that helps […]
We’ve heard reports that this lasagna made some staunch carnivores consider turning vegetarian. Ingredients (serves 8) Bechamel Sauce 8 T unsalted butter 1/4 cup red onions, minced 1/2 cup AP flour 5 cups whole milk 1 1/2 cups chevre 1 tsp ground nutmeg Salt and pepper to taste Tomato Sauce 12 sundried tomatoes 3 T. […]
Standing for equity also means standing against inequity. Eat For Equity hopes to build a more equitable world, and that means standing against racism at home. We stand in solidarity with our community in demanding justice and answers in the recent shooting death of Jamar Clark. We stand with our neighbors seeking systemic and lasting […]
Ingredients (serves 15) 2 T. brown sugar 2 T. kosher salt 2 T. fresh ground black pepper 1 T. paprika 6 lbs. bone-in pork shoulder [butt], skin removed 1/4 cup dijon mustard green onions or chives for garnish Equipment grill, tongs, electric roasters Directions Combine the brown sugar, salt, pepper, and paprika in a small […]
