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by anticensor 765 days ago
Are non-profits allowed to own any stock in publicly traded companies in Britain?
3 comments

According to this: https://assets.publishing.service.gov.uk/government/uploads/... yes.

Note that the foundation has had a majority stake in RPi ltd (as a private company) for a long time this is not a new structure.

Yes, but as shareholders they must still act according to their 'purpose', which is a term in UK law that a charity can choose when it is set up as part of its charter, and then every action must be in accordance with.
Purpose of spinoff = get dividends to fund the original purpose
Non profits aren't generally charities.
Yes. large non-profits can need to invest a lot of money.