Are Social Enterprises Viable Models for Funding Nonprofits?
ASU Lodestar Center
MAY 18, 2016
It may be time to rethink how these important social organizations are funded. Benefit corporations, created in Maryland in 2010, differ from L3Cs in that they are required to operate under specific standards set forth by B Lab, itself a nonprofit organization (Powell et al., Banks were not lending.
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