Perpetual Trust

  

"Maintaining a positive, nourishing vibe at the store,”  

the unassuming longtime leader of the organic grocery store said, “is central to taking care of our staff and our customers.” 

https://www.opb.org/article/2024/05/16/perpetual-purpose-business-trust-oregon-companies/ 

"For more than 30 years, McComas was the owner, until October 2023 when Sundance became owned by its purpose.  

That’s right, its purpose.

"That’s when McComas joined a small but growing number of U.S. business owners choosing to sell or gift their company to a trust, instead of selling to a person or another company, so they can protect its values even when the owners are gone. 

 The model is called a “perpetual purpose trust” and offers independent business owners a new way to preserve their companies." 

"Employees at Sundance receive health care benefits, profit-sharing checks, and discounts on food and supplements. "