Better World Books Creates Unprecedented Financial Incentives for Nonprofit Literacy Partners
“One key to our approach in social entrepreneurship is establishing clear, quantifiable benchmarks for success for our partners—and rewarding them when they meet or exceed those goals,” said Murphy.
Better World Books, winner of the 2009 Business Week Most Promising Social Entrepreneur Award and a founding B Corporation, is a fast-growing social enterprise that collects books and sells them online to fund literacy initiatives worldwide. Through partnerships with more than 1,800 college campuses and 1,500 libraries nationwide, Better World Books has generated over $6 million for its non-profit, library and college partners, donated 1.3 million books to literacy programs globally, and diverted over 22 million books from landfills.
About Better World Books
Better World Books (www.BetterWorldBooks.com) is a for-profit social enterprise that collects and sells books online with each sale generating funds for literacy initiatives in the U.S. and around the world. With more than three million new and used titles in stock, Better World Books is a self-sustaining company that balances the social, economic and environmental values of its stakeholders. Since its founding in 2003, the Mishawaka, Ind.-based company has raised $6 million for its non-profit literacy, library and college partners; diverted more than 25 million pounds of books from landfills; achieved over 8,000 tons of carbon offsets through carbon-neutral shipping, and created more than 200 full-time jobs with meaningful benefits.