Welcome to The Business of Giving. I’m Denver Frederick, and today we’re joined by Ryan Dewey Smith, founder and leader of Inperium, one of the most expansive nonprofit networks in the country. Operating across 20 states, Inperium has pioneered a revolutionary affiliation model that’s transforming how nonprofits achieve sustainability and scale. Ryan started Inperium nearly a decade ago when he recognized that traditional nonprofit structures were failing organizations serving our most vulnerable populations. Through innovative sole-member affiliations, tax-exempt municipal bond financing, and even nonprofit employee stock ownership programs, Inperium is rewriting the playbook for nonprofit collaboration. This is a conversation about the future of sustainability in the social sector.