Donating IP to a Charity or Nonprofit

I really enjoy reading the Harvard Business Review Blogs. They have such a repertoire. Dan Pallotta writes one called Free the Nonprofits and as you can probably guess, the topic is charities and nonprofits. His latest entry is titled Why Charities Should Ask for Intellect, Not Just Funds and that led me to consider assets that are intellectual property based, such as a patent.

Well, the point of the article is about compensation levels for those that lead the charities. I’ll address my thoughts on this first. Just about everyone applies a certain level of altruism to those that work for a nonprofit or a charity. Perhaps the assumption is wrong, but the thought is that these people just want to better the world some how some way, so they’ll take less than market value to do it. The article talks about proportions and how the size of a budget can potentially warrant certain size pay packages. But that is failed logic too. To me,if someone builds the coffers up from say $50,000 to $5,000,000 then they should get a large pay package. If someone takes a charity from$5,000,000 to $10,000,000 then that is outstanding, but not quite worth the same compensation as the first person. Once a charity reaches a certain threshold it builds on itself. The rules start to not apply as they do in the for-profit space. For instance, getting access to corporate executives is much easier to do if you are a charity than if you are a for profit. And this type of influence is a currency. And these relationships have their own value, that goes beyond a pay package.

But I thought this blog entry was about how people can turn over their intellectual property to a charity. Perhaps this exists already, but suppose there was e a United Way that didn’t collect funding, it took in donated copyrights,  trademarks, and patents. And then it was up to the charity to monetize them or to collect the predetermined licensing fees. I suppose it would work like the Salvation Army or Good Will where most of the stuff turns up little profit, but occasionally something results in a boon.This type of clearing house charity group could extend great power with these assets can could get much needed resources because of them.

Working Thoughts 07/29/08
Fail SpectacularlyRandy Pausch

About benleeson
My name is Ben Leeson. I currently work for a large financial company in IT. I went to school at Marist College in Poughkeepsie, NY. I graduated with a B.S. in Business Administration concentrating in HR. Professor William Brown taught me and I enjoyed his classes; even acquiring an appreciation for just about all things HR. I didn’t pursue a job in that field after college but I’ve kept up with it. This blog will further my fascination with all things HR. I hope to grow my knowledge of the area through thoughtful writings and spirited feedback. I will attempt to have a fairly routine style so anyone reading can come to expect certain segments. Please excuse my incorrect grammar and occasional misspelling.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: