Guide
L3C
Low-profit Limited Liability Companies pursue charitable or educational purposes above all others, invite foundations’ program-related investments, and galvanize diverse stakeholders around mission permanently and irrevocably by law.
Benefit Corporation
Corporations whose articles of incorporation require them to pursue a material, positive impact on society and the environment, as measured by a third-party standard.
BCorp
For-profit organizations certified by B Lab as meeting its rigorous sustainability criteria
501(c)3
non-governmental entities that operate for a collective, public, or social benefit, with market-based activities, used to generate income reducing dependence on grants and donations, which can fluctuate depending on economic conditions.
For-Profit
Businesses that employ market-based strategies primarily to pursue social or environmental missions