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social business.  Forming an L3C may also help you to receive Program
Related Investment from a foundation.

Here is a 5 minute Ignite talk that I gave awhile back about social
businesses (including L3Cs) if anyone is interested:
http://www.youtube.com/watch?v=GekvJFxVfoU

-Matt

On Thu, Oct 14, 2010 at 8:45 AM, Brain Tank <thebraintank at gmail.com> wrote:
> Been looking for the proper entity to define our Hackerspace. Was speaking
> with someone yesterday and they mentioned a L3C type corp. Upon further
> reading, this entity seems to fit us perfectly.
>
> If anyone has any experience with an L3C at all from either side of the
> fence (doing business "with" or "as" an L3C) we could really use advice. We
> have quite a bit of documentation to go through but that's no substitute for
> firsthand info.
> Thanks in advance!
> -Dave
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