They can make a living from Humanitix, but it will never make them wealthy.
While the founders could merge the business into another, they couldn’t benefit directly from such a transaction. As a nonprofit designed to serve the community, the entity in effect belongs to the community. Josh and Adam don’t own shares in Humanitix. He notes that many people with significant disabilities have simply given up on attending events. In addition to that use of funds, Josh sees Humanitix playing a pivotal role in making events more accessible.
In America, we partner with, and we fund computer science and STEM programs for disadvantaged kids from low-income backgrounds. Globally, we focus on young girls literacy programs. The profits the nonprofit tech company generates are committed to causes, Josh says:Īll the profits we make from our booking fees go into different education programs. As a nonprofit, mission gets prioritized above profits. The nonprofit tech company is now the go-to ticketing platform in Australia and New Zealand.
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