Is it possible to have a for-profit fund, taking on money from investors who expect to see returns, with fund management by a non-profit organization, where excess revenue from management fees would be slated to some charitable cause?

Are there any obvious legal, regulatory, or structural roadblocks to setting up a fund like this? (apart from incentive concerns)

  • Like a college endowment fund? – A. K. Sep 1 '18 at 19:05
  • No, no, apologies for the lack of clarity. I'm referring to a for-profit fund, managed by a non-profit organization. – googlefailedme Sep 3 '18 at 20:52

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