Business Enterprise Trust

Business Enterprise Trust

The Business Enterprise Trust was a nonprofit group founded in 1989 by television producer Norman Lear to laud companies for integrating social vision into their business plans. The Trust honored companies such as Inland Steel, where a grassroots employee team helped create opportunities for women and minorities, and McKay Nursery, which offered stock ownership to its migrant workers.

According to the organization's 2000 990 tax filing (gathered from [http://guidestar.org/] Guidestar.org ] ): "On or about July 31, 2000 the organization ceased operations… The only recipient of assets was the Lear Family Foundation, which by grant, received all of the organization's intellectual and tangible property and, as a 501(c)(3) organization agreed to use them exclusively for educational (501(c)(3)) purposes."

References

{990 tax filing gathered from [http://guidestar.org/ guidestar.org] }


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