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

NonProfit Hub

Other examples have included farmers’ markets, newspapers, law groups and art centers. Since the first American L3C was started only in 2008, this concept is relatively new to the business and legal world. This is one of the requirements for L3Cs the law puts forth for this business model. Can I start an L3C?

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Are Social Enterprises Viable Models for Funding Nonprofits?

ASU Lodestar Center

While businesses have traditionally focused narrowly on generating profits for shareholders, many nonprofits (despite their skills and dedication to their missions) have lacked adequate marketing skills (Billitteri, 2007), often resulting in financial hardship.

Model 53