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

NonProfit Hub

An L3C, though, is a hybrid of an LLC and nonprofit business model, which is where an organization operates to benefit the general public without shareholders and without a profit motive. 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.

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Kevin Danaher of Global Exchange Talks about the Global Citizen Center

Have Fun - Do Good

There are two models of growth. Britt: You've used entrepreneurial models in combination with nonprofits, with Global Exchange, and now the Global Citizen Center. Some people are saying that the nonprofit model is fading out, and that we need more social entrepreneurship. How do we grow the organization?

Global 40