Tickets-For-Charity.com: scalping in a good way

Updated

Tearing a piece out of the hearts of college entrepreneurs everywhere, a Boston-area company buys hot concert tickets at face value, sells them at scalper's prices, and donates the difference to charity. Tickets-For-Charity.com has convinced some of the top acts on tour to give it first crack at some of the juiciest stage-side seating in venues across the country.

Interestingly, the company is a for-profit, although its avowed purpose is to raise funds to support not-for-profit organizations such as Habitat For Humanity, Malaria No More, and Partnership for a Drug-Free America (Grateful Dead tickets benefiting this charity would be ironic). According to The Wall Street Journal (subscription required), TFC makes its money on a transaction fee tacked onto the marked-up price, ala Ticketmaster.

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