News — social good
What Is A Social Enterprise?
Posted by Christian Frink on
What is Social Enterprise? Legally, it is a Low-Profit Limited Liability Company or L3c. It was created to bridge the gap between non-profit and for-profit organizations. In contrast to an LLC, an L3C has a stated purpose of being socially beneficial not maximizing profits. For instance, here at EveryBody all of our profits go directly back to Dutton Farm to support their workforce development, adult education, and community involvement. Instead of running on a bottom-line based strictly upon dollars, most Social Enterprises utilize a triple-bottom-line:People: The ability to affect social change and build a community around your cause in a...
The Power of Social Enterprise
Posted by Jenny Brown on