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A Jargon-Free Guide to Low-Profit Limited Liability Companies (L3C)

NonProfit Hub

JUNE 1, 2017

In this blend, an L3C is a private organization that does earn profits, but only so that it can conduct business to help a certain cause. Other examples have included farmers’ markets, newspapers, law groups and art centers. This is one of the requirements for L3Cs the law puts forth for this business model. Can I start an L3C?

Puerto Rico 41
Puerto Rico Profit Companies Rhode Island 41
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Are Social Enterprises Viable Models for Funding Nonprofits?

ASU Lodestar Center

MAY 18, 2016

Historically, federal and state laws have viewed nonprofit and for-profit entities as mutually exclusive organizations whose work rarely, if ever, overlapped. Entrepreneurs who believe companies can pursue profit while also addressing social problems have challenged this legal distinction.

Model 53
Model Fund Social United States 53
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