Jtm-pnw-l3c-corporate

The L3C: Can the corporation learn to achieve profits and social purpose?

These are Bill Densmore's notes for a breakout session at Journalism that Matters-Pacific Northwest.

Background links

The WikiPedia page on L3C's:

• http://en.wikipedia.org/wiki/Limited_liability_company

A list of the key features of the L3C:

• http://newshare.com/wiki/index.php/L3c-vermont-background

Robert Lang: Originator of the L3C idea:

• http://newshare.typepad.com/mgpaudio/2009/09/audio-the-l3c----a-new-lease-for-newspapers.html

Home page for his AmericansForCommunityDevelopment.org:

• http://www.americansforcommunitydevelopment.org/

Jim Barnett talking about the L3C on his blog:

• http://journalismnonprofit.blogspot.com/2009/08/whither-l3c.html

VIDEO: Building a corporation with a social mission:

• http://newshare.typepad.com/newshare/2009/04/building-a-profitmaking-company-with-a-social-mission.html

Chris Miller, community outreach coordinator of the Skandalaris Center for Entrepreneurial Studies at Washington University in St. Louis, describes the form, which some people are saying might be a future structure for newspapers. Miller is at 314-935-6906 (clmiller@wustl.edu