Public-benefit Nonprofit Corporation - Benefits Of A Non Profit

A public-benefit nonprofit corporation is a type of nonprofit corporation chartered by a state government, and organized primarily or exclusively for social, educational, recreational or charitable purposes by like-minded citizens. Public-benefit nonprofit corporations are distinct in the law from mutual-benefit nonprofit corporations in that they are organized for the general public benefit, rather than for the interest of its members. They are also distinct in the law from religious corporations.

See also

Public Benefit Corporations vs. B Certified: A New Model for Sustainable Capitalism - What is the difference between a Public Benefit Corporation and a Benefit Corporation? Are these for-profit models better for a company to make an impact in the world versus founding a nonprofit...

• Civic society

References

For Nonprofits - Montana Department of Justice. Source : dojmt.gov

External links

Is corporate sponsorship income taxable or a charitable .... Source : www.councilofnonprofits.org

• California Code - Part 2: NONPROFIT PUBLIC BENEFIT CORPORATIONS [5110. - 6910.
• Organization of California Nonprofit, Nonstock Corporations

Choosing a Legal Structure for Your Social Enterprise â€" GatherWell. Source : gatherwell.com