There’s another reason to consider the L3C that’s often not discussed. Lane is a leading advocate for the L3C structure (Low-profit Limited Liability Company) and in the course of discussing all the ...

Various states, whose laws regulate corporate governance, have begun to catch up with the reality that not every investor or shareholder subscribes to the view that "greed is good." Far from being a ...

A new and little-known state law is emerging as a potential business model for news organizations seeking alternatives to maximizing profits as a publicly-traded company or avoiding them with ...

As nonprofits brace for the aftershock of state and federal funding cuts (not to mention a shortfall in private donations) there are those who are quietly taking another path out of the rubble. They ...

As an entrepreneur, you’ve certainly heeded the call of passion for your work. Maybe you even subscribe to Marsha Sinetar’s sage chestnut, “Do what you love, and the money will follow.” But until a ...

Here’s something strange: a concept thrown around routinely and casually in conversations among nonprofits and philanthropies is simultaneously the subject of fierce debate and sometime disapproval by ...