PAY WHAT you can OPTIONS
AT MAYBEITSFATE, MEMBERSHIP MEANS OWNERSHIP. THIS IS THE ONLY FOR-PROFIT COOPERATIVE IN THE WORLD THAT GIVES MEMBERS EQUITY IN PROPERTY.
pay what you can means exactly that: pick the monthly dues that work for you. this plan is subsidized by others who join as believers.
frequently asked questions
There is NO one-time contribution or initiation fee for those joining the Pay What You Can plan.
Cooperative owners all have shares and ownership in the for-profit cooperative known as MaybeItsFate LCA (Limited Cooperative Association). MaybeItsFate LCA maintains 20% of non-dilutive shares in the MaybeItsFate LLC, which is leasing-to-own the property. Once the property is fully owned, the LCA will offer profit sharing to all owners maintaining patronage in the cooperative, where profit distribution is determined by ownership shares in the cooperative.
As an LCA, MaybeItsFate LCA offers two options for ownership: one, the standard patronage-based ownership through the options noted above; and two, the ability for individuals or groups to invest.
Owners with patronage-based engagement earn annual share grants for continued patronage. They may earn additional shares for certain actions, like a referral bonus for introducing a new person to the cooperative who becomes an owner.
Interested investors should refer to our 80/20 model in our white paper to understand our equitable and resilient business model.
Yes. Contact the cooperative at hi@maybeitsfate.com for more information.
We're a member-owned art exhibition space and social club in Louisville.
