There’s another reason to consider the L3C that’s often not discussed. Lane is a leading advocate for the L3C structure (Low-profit Limited Liability Company) and in the course of discussing all the ...

Here's something the new year brought with it: As of January 1, North Carolina officially doesn't recognize the L3C, a legal structure that was given the green light in 2010. The L3C, or low-profit ...

Everyone in the nonprofit world is all too aware of the fact that start-up funding for worthwhile projects is often hard to obtain from hard-pressed grantors. And even if nonprofits or social ...

A major challenge for social enterprises pursuing both a social mission and financial profit has been the absence of clear legal guidance about their responsibilities to investors and other ...

A growing number of nonprofit leaders are calling for Congress and states to establish a new designation for businesses that make profit as they pursue a social mission. But Jeff Trexler, a professor ...

For those keeping track of such things, take note: Journalism is about to get its first low-profit, limited liability corporation company, or L3C. The L3C is a hybrid corporation that straddles the ...

As an entrepreneur, you’ve certainly heeded the call of passion for your work. Maybe you even subscribe to Marsha Sinetar’s sage chestnut, “Do what you love, and the money will follow.” But until a ...

InterSector Partners, L3C was founded in February in Longmont as the first L3C doing business in Colorado. The L3C is a new hybrid business model whose primary purpose is social mission with a profit ...

WASHINGTON, May 19, 2022 (GLOBE NEWSWIRE) -- The Defense Health Agency (DHA) has named Edera L3C a prime contract awardee under the Program Executive Office Defense Healthcare Management Systems' (PEO ...

Here’s something strange: a concept thrown around routinely and casually in conversations among nonprofits and philanthropies is simultaneously the subject of fierce debate and sometime disapproval by ...