Americans for Community Development, the professional organization for L3Cs - 0 views
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Brian G. Dowling on 30 Oct 11* The L3C embodies the operating efficiencies of a for-profit company along with a reduced regulatory structure. As an LLC, it can bring together foundations, trusts, endowment funds, pension funds, individuals, corporations, other for-profits and government entities into an organization designed to achieve social objectives while also operating according to for-profit metrics.