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 ...
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 ...
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 ...
In what could be big news for not only for profits, recently released proposed rules from the IRS could give a major boost to a fledgling corporate form called the L3C. The regulations relate to ...
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 ...
CHICAGO (WLS) -- Several organizations are teaming up in an effort that could change the financial future for generations. The partnerships are reshaping the path to homeownership for families on ...