Article: Nonprofit IPO Launched by Warren Buffett Hits One Year.

ENTERTAINMENT CLOSE-UP-20 May 2008-Nonprofit IPO Launched by Warren Buffett Hits One Year(C)2008 - CloseUpMedia - newsdesk@closeupmedia.com

The first-ever nonprofit IPO, launched a year ago with help from investor Warren Buffett, celebrates its first anniversary with more than $700,000 raised from the sale of "fundraising shares," priced at $32 each.

Billed as an "Immediate Public Opportunity ... to end homelessness," the IPO was created to close financing for The Next Key Center, an affordable housing and job-training center under construction in Novato, Calif.

The nonprofit organization that is building the center, Homeward Bound of Marin, has leveraged ...

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