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Or, "Please give this family a place to stay for the night; and why dont you see if you can eliminate homelessness in the meantime?" The report details the challenges and perspectives of nonprofit CEOs in an elegant blend of statistical findings and personal voices. Everyone that works with a nonprofit CEO should read this report.
Benefit corporations, created in Maryland in 2010, differ from L3Cs in that they are required to operate under specific standards set forth by B Lab, itself a nonprofit organization (Powell et al., However, the impact of the “Great Recession” in 2009 and 2010 left its founders with dwindling funds. Banks were not lending.
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