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The Rise Of The Charitable For-Profit Entity

by Evangeline Gomez for Forbes Magazine

The mainstream business press has finally recognized L3Cs.

To read the full article, click here

 

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Council on Foundations, Americans for Community Development Applaud

Reps. Schock and Polis for Introducing Philanthropic Facilitation Act

 New Legislation Will Spur Job Growth, Facilitate Unique Business Models

For Repairing the Ailing American Economy

  For the full release, please click here.

 

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LEADING NONPROFIT ATTORNEYS ANSWER L3C OBJECTIONS MADE BY A GROUP OF BUSINESS ATTORNEYS

 

 

 

 
Welcome to the new Americans for Community Development.

ACD is the professional organization comprised of the individuals and organizations participating in the movement to create L3Cs (Low-profit Limited Liability Companies). ACD provides professional training, support, educational materials, certification and assistance to those who have formed L3Cs, those considering their formation, professionals working in the field, economic development officials, educators and students, government officials, and anyone else interested in L3Cs. In addition, ACD is the prime moving force behind state legislation facilitating L3Cs and federal legislation encouraging their use. ACD also is creating suggested standards and best practices for use of L3Cs.

In addition, ACD will provide continued opportunities for unique, professional quality education and collegial collaboratives. Join to learn. Join to share and provide insight. Join to be on the cutting-edge development of social enterprise empowered with an exciting new tool-- the L3C.

We invite your membership and welcome your feedback.
Karen Woods, Executive Director           
Robert Lang describes his vision for the concept of the L3C.          

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