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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. To become an L3C, you must meet the requirements of a program-related investment (PRI), which is an investment a foundation legally makes in a for-profit organization to support philanthropic activities that might hold the potential for return.

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Preparing for Planned Giving Conversations—24 Terms You Need to Know

Connection Cafe

Have you established a planned giving program? Most conversations about planned gifts don’t start with technical questions; rather, they center on donors’ wishes to have an impact on the organization’s needs. Depending on state law, payments could begin immediately or may be allowed to be deferred until a future date.