Charitable for-profit entity
A charitable for-profit entity is an organization that exists to serve a charitable mission but is legally organized as a for-profit corporation. Both benefit corporations and Low-profit limited liability companies (L3C) fall under this category. As well as generating a profit, a charitable for-profit entity concentrates on setting a social objective. The business must achieve its social purpose as well as having a profit income if it is to be successful.
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Charitable for-profit entity
A charitable for-profit entity is an organization that exists to serve a charitable mission but is legally organized as a for-profit corporation. Both benefit corporations and Low-profit limited liability companies (L3C) fall under this category. As well as generating a profit, a charitable for-profit entity concentrates on setting a social objective. The business must achieve its social purpose as well as having a profit income if it is to be successful.
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A charitable for-profit entity ...... dollars for local businesses."
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38,183,408
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711,380,938
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A charitable for-profit entity ...... ome if it is to be successful.
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Charitable for-profit entity
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