By: Purpose Foundation, NYU Law

This guidebook was written for lawyers from any jurisdiction looking into alternative ownership models and inclusive finance structures. It provides an introduction to the concept of steward-ownership and presents practical tools and insights about the implementation of steward-ownership structures. In this way, it aims to enable legal practitioners to support clients in developing ownership and financing structures that ensure that companies stay mission-driven and independent by retooling the goals and incentives that guide corporate decision-making.

The guidebook outlines specific ways in which companies can embed the principles of steward-ownership (self-governance and profits serving purpose) in their legal DNA and thus protect their values, mission and independence in the long term. Through exploring current, tested steward ownership models, as well as important legal considerations for new or
existing businesses wishing to adopt a mission-focused structure, it offers some guidance and inspiration for lawyers in finding creative ways to assist their clients to achieve their goal.