Olusegun -- Victory Associates LTD, Inc.
Alex, a nonprofit corporation can be publicly traded if its organisers so
choose. All the corporation needs to do is launch a SEPARATE ARM of the
business, get an IPO going, and, there it is, doing business. Nothing in
law forbids nonprofit corporations from being publicly traded insofar as
profits derived from such an operation satisfies and meets the rules and
regulations under which such a corporation has been organised.
Publicly traded corporations can also have A NOT-FOR-PROFIT ARM of their
enterprise. A common example is the Ford Motor Company; it owns the Ford
Foundation! Carnegie and Rockefeller are similarly situated; they both have
nonprofit arms of their enterprises supporting whichever cause(s) that
make(s) their clocks tick.