article thumbnail

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. And now the million dollar question: is this business model right for my organization? North Dakota. Rhode Island. Should I start an L3C?

article thumbnail

[VIDEO] Measure Of Success: Creating Tools And Process To Report Impact

Bloomerang

We’ll be in Wyoming, in Colorado, and Florida over the coming months to do strategic planning and development work with nonprofits of all shapes and sizes. So look at the fact, are you creating and using an evidence-based program model? So, if your program has an evidence-based model, and I’m not just saying.

Report 78
professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

[VIDEO] Exploring Cryptocurrency: Introducing New Giving Methods to Your Nonprofit

Bloomerang

And then also at the board level, if you do that, you really, you know, we really suggest that you have a, you know, alternative asset management policy at the board level that would then guide when you were to sell those assets and turn them into fiat dollars. And that’s kind of our business model.

Method 108
article thumbnail

Exploring Cryptocurrency: Introducing New Giving Methods to Your Nonprofit

Bloomerang

And then also at the board level, if you do that, you really, you know, we really suggest that you have a, you know, alternative asset management policy at the board level that would then guide when you were to sell those assets and turn them into fiat dollars. And that’s kind of our business model.

Method 52