I'll be moderating the session Blending Profit and Purpose: The Future of Hybrid Organizations at the Net Impact Annual Conference taking place in Silicon Valley from October 24-26. The panelists are: Robert Lang, CEO and Founder of Americans for Community Development and creator of the first L3C (low-profit limited liability company); Bart Houlihan, Co-Founder of […]
l3c
Doing Well & Doing Good: Hybrid Models for Social Impact
On March 20, 2012, I attended "Doing Well & Doing Good: Hybrid Models for Social Impact," an event co-sponsored by the Foundation Center – San Francisco, UpStart Bay Area,the Hub Bay Area, the Social Enterprise Alliance San Francisco Bay Area Chapter, and the Stanford Social Innovation Review. Here is the introduction to the webcast event provided […]
New Forms for Social Enterprises – Santa Barbara County Bar Association
I had the great pleasure of giving a presentation on new forms for social enterprises to the Tax Section of the Santa Barbara County Bar Association last week. The lively discussion focused on the L3C and California's new benefit corporation and flexible purpose corporation. The PowerPoint is available here.
The L3C – 3 Years Later
It has been a little over three years since Vermont became the first state in the country to recognize the low-profit limited liability company (L3C) as an official legal structure on April 30, 2008. Since then, other legal forms such as the Benefit Corporation and the Flexible Purpose Corporation (proposed in California) have started to […]
L3C Program – Thursday, July 7, noon – 1:15 pm – San Francisco
Emily and I will be presenting "Understanding the L3C" for the Bar Association of San Francisco's Business Law Section this Thursday from noon to 1:15 pm. Attendance is open to anyone who is interested (not just lawyers). You can register online here or just show up at the door (301 Battery Street, 3rd Floor, San […]
Tweets of the Week – July 2, 2010
Here are some of my favorite posts of the week: tactphil: New Blog Post: Unitus: Mission Accomplished? http://bit.ly/9V8R9v WiserEarth: The Ultimate Guide to Social Entrepreneur Funding http://bit.ly/bR1ADB TonyMartignetti: In Oct. 2009 @oneicity interviewed me about charity registration, "state registration: what you need to know" http://bit.ly/aVFU5i charitylawyer: Six Smart Moves Great Board Chairs Make: http://is.gd/dbjdn JaniceLang: […]
Tweets of the Week – 6/25/10
Here are some of my favorite posts of the week: GTak: Great Resource List for Nonprofits from NGEC (including on collaborations and coalitions) – http://bit.ly/c5ZiEj via @aapip GTak: Nonprofit Collaboration and Merger Resources – http://bit.ly/brsB8R (Lodestar Foundation) GTak: Legit business model or not? Nonprofits contracting their founder for services advocating for donors' interests. http://ow.ly/224Kb GTak: […]
Social Enterprise Alliance Summit – 2010
I had the great pleasure of attending the first day of the SEA Summit in San Francisco this year. Here are my tweets from the Summit: Realize it's not just about your SE, it's about the movement – Jim Fruchterman SEs in the UK: 62,000 SEs, 1% of GDP, 800,000 employees – Peter Holbrook, UK […]
Legal Entities for Innovation – ReVV 2010
I am participating on a panel this afternoon at the ReVisioning Value 2010 Conference in Portland, Oregon, discussing legal entities for innovation. Among the alternative ways you may structure a social venture: within an existing nonprofit. as an affiliate/subsidiary (nonprofit or for-profit) of an existing nonprofit. as an independent nonprofit. as a fiscally sponsored project of an existing […]
L3C and Charitable Trust
Here is a question I posed to some colleagues recently regarding the low-profit limited liability company (L3C) and charitable trust laws: Is it clear whether or not an L3C that receives a PRI is holding property for charitable purposes subject to charitable trust restrictions and Attorney General jurisdiction? While the L3C is not subject to […]