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

NonProfit Hub

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. L3Cs extend to many different markets too—current L3Cs range to everything from Chicago’s Overflow Coffee Bar , a coffee shop dedicated to bringing members of their community together, to VSJF Flexible Capital Fund , a Vermont-based investment fund that provides capital to businesses specializing in sustainable and environmentally-friendly practices.