Are Social Enterprises Viable Models for Funding Nonprofits?
ASU Lodestar Center
MAY 18, 2016
The traditional method of receiving tax-deductible donations is to file for 501(c) status with the Internal Revenue Service, an application for 501(c)(3) status designed for a religious, charitable, or educational purpose. L3Cs were specifically designed to help social entrepreneurs raise capital from a much broader range of investors.
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