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Posted: Monday, July 8, 2013 9:20 PM

Location: 2000 P Street, Washington, DC, US
Event start date and time: July 10, 2013 5:00 PM
Event end date and time: July 10, 2013 5:00 PM


An increasing number of nonprofit organizations are interested in using creative financial tools and other "business" practices to increase their impact and sustainability. Unfortunately, nonprofit charities are finding that these activities can result in IRS scrutiny and even the loss of tax-exempt status. Happily, there are emerging "hybrid" corporate structures that combine the flexibility of traditional businesses with the social mission of nonprofits. These forms can enable organizations to simultaneously raise both investment and charitable capital.

This session will introduce nonprofit organizations and others to three hybrid structures: low-profit limited liability companies (L3Cs), Benefit Corporations (B-Corps), and Flexible Purpose Corporations (FPCs). These social enterprise forms can help you obtain charitable investments and distinguish yourself from profit-focused counterparts. Topics of discussion will include federal tax rules, creating for-profit or non-profit subsidiaries, and the implications for fundraising and governance. Space is limited. RSVP mandatory. Please send requests to contact@klamplaw.com by Wednesday, July 10th.

Klamp & Associates exclusively represents nonprofit organizations. Our intention is to provide affordable, quality legal services to nonprofit organizations working to serve the public interest.

The William Hinman Foundation is a small private foundation. Our mission is to preserve the culture and heritage of Buddhism through community development and cultural preservation projects that reflect the spirit of Buddha's teachings.

For more information or questions about this event, please send us an email at contact@klamplaw.com, or call 202-223-4600



Source: http://www.idealist.org/view/event/49P4DktKZJjd/


• Location: District Of Columbia

• Post ID: 11886213 dc
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