For Benefit Corporation Models

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Typology

  1. Social Business as described by Muhammad Yunus,
  2. Beneficial Corporations (B Corporations),
  3. Low Profit Limited Liability Companies (L3C) and the
  4. UK Community Interest Company (CIC) model.


Example

P-CED:

"P-CED is now UK based as a profit-for-purpose company, since 2004. We conduct small business for profit in UK, and invest profits for social purpose under UK rules. This is somewhat similar to non-profit in the US, except we can conduct any business we see fit according to normal business rules without restrictions that bind non-profits or charities. We pay company and personal taxes according to usual business rules. Profits are not shielded in any way from normal taxation that any for-profit business has to pay. Whatever is left over is invested in the social purpose or purposes of our own choosing."

(http://people-centered.net/About.aspx)