Dave Parker, SEA member since 2002 and Director of the National Center for Social Entrepreneurs had this to say when asked about the value of the Social...
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Arthur Rieman, The La...
arthur@...
Oct 2, 2004 4:41 pm
This advice is correct. If the for profit purchases the assets of the nonprofit and any "disqualified persons" (i.e., board member, key executive, key vendor,...
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Hideyuki Inoue
inoue@...
Oct 2, 2004 4:42 pm
Charles, what a moving note!! Thank you very much! It is still impressive that you told me this kind movement should be led by practitioners. I learned a lot....
Jeremy: Your lawyer is right to be concerned. Without maintaining a certain degree of separation between the enterprises, creditors might be able to "pierce ...
We'd like to draw your attention to 3 (that's right: THREE!) special teleconferences coming up in the next two weeks. Teleconferences provide an extremely...
Can an organization incorporated as nonprofit become a subsidiary of a nonprofit organization and then transfer funds by paying dividends to the parent...
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John Gillespie
jgillespie@...
Oct 5, 2004 3:24 pm
To the Group: I'm a new member and am looking to find some resources to supplement our practice work. My company specializes in working with companies from the...
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Arthur Rieman, The La...
arthur@...
Oct 5, 2004 10:03 pm
The short answer is "No, but." The law of exempt organizations does not permit the distribution of "profits" (dividends by another name). That said, there are...
There's another mechanism to transferring funds between nonprofits: the grant. As long as it's consistent with the charter of the nonprofit with the funds,...
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Jeffrey Rodman
JEFTER46@...
Oct 6, 2004 5:05 pm
In regards to distributing "profits" or "dividends," you are permitted to give staff members a bonus at the end of the year and that bonus can be quite...
I agree with Arthur Rieman's post about the commerciality doctrine. Just a few points to add, because this issue is pretty central to social entrepreneurship. ...
Welcome! The Enterprising Voice is a bi-weekly bulletin of the Social Enterprise Alliance and is made possible through your membership. Not a member? This is...
Ayoka: It may be helpful to clarify a few things. First of all, nonprofit corporations can't issue shares; they aren't "owned" by anybody. They are run by a...
Yeah, but don't forget Grasso is being sued for return of the bonuses on the grounds that they were excessive (the rule is that compensation has to be ...
Does anyone have any experience selling (or bringing into a deal) Low Income Housing Tax Credits to corporations? The tax incentives on the credit side are...
NATURAL WORLD MUSEUM & SF URBAN ALLIANCE FOR SUSTAINABILITY PRESENT ====================================================== ............ Designing Sustainable...
If you are in New York on November 4th, you may be interested in the following workshop: Creating Revenue Through Earned Income: An Introduction To Social ...
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Deborah Buyer
inkaspen@...
Oct 7, 2004 8:39 pm
Hi Steve-- A really good place to look for materials on this issue is the website for LISC and the Enterprise Foundation. They both have really good...
Hey Steve: LIHTC's are a nightmare..... Aggressively monitored by the IRS, LIHTC's require VERY special legal and accounting and management talent. The...
hi all, i am launching a social enterprise and looking at web site design options. i'm sure it's a big range, but can anyone help with a ballpark notion of...
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Robert Tolmach IC-UC2
rtolmach@...
Oct 11, 2004 1:51 pm
We're putting together a for-profit business with a strong bottom line and a very strong social impact. Does anyone have advice on identifying investors...
Steve, I see your question has raised some strong views about tax credits. I worked with a major syndicate of LIHTC - then Boston Financial, now MMA Financial....
We've received numerous responses to Lisa Cannon's request for information on what to expect to pay for design of a starter web site for a new social...
THE SOCIAL ENTERPRISE ALLIANCE MEMBERSHIP DRIVE ENDS TODAY Join us in advancing a movement that is changing how nonprofits operate and generate the capital...
Here are more responses to Lisa Cannon's request for information on what to expect to pay for design of a starter web site for a new social enterprise. By the...
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Anne Claire Broughton
acbroughton@...
Oct 12, 2004 10:01 pm
You can also visit the Community Development Venture Capital Association's website at www.cdvca.org <http://www.cdvca.org/> and check out the profiles of its...
Friends & Colleagues, We are recruiting for a position -- Social Enterprise Director -- at Juma Ventures now that will be an incredible opportunity for the...
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Sol Flores
sol@...
Oct 13, 2004 9:05 pm
We are trying to do market research on potentially developing a Laundromat business in Chicago.does anyone know of other orgs/ examples that have developed...
Hi All, Just wanted to thank everyone who submitted a suggestion/idea/contact in response to my query on website design. I'd say that the strong and varied...
