Samual Library Inc is a "not-for-profit nonstock corporation ... organized exclusively for charitable and educational purposes." Its bylaws prohibit distributing earnings to "directors, officers, or other private persons, except that the corporation shall be authorized and empowered to pay reasonable compensation for services and to make payments and distributions in furtherance of the purposes set forth in article 6 hereof." - https://samuelslibrary.net/images/about/policies-more/articl...

And you think that makes it a private equity company?

My LLC, which I ran my consulting business under, was neither a government nor a public company ... and neither was it a private equity company.

You seem a bit confused. Samuels Library Inc is a tax-emempt 501(c)(3) non-profit, which is kind of the opposite of private equity.

You’re saying that nonprofits are the same as “private equity.” That’s an odd take.

https://projects.propublica.org/nonprofits/organizations/540...

> Profit is not neccessary to deliver value, but it helps optimize it.

How?