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Americans for Community Development Overview This document provides a history of Americans for Community Development as well as an overview of the structure, financing, and governance of the L3C. |
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Introducing the L3C Presentation Provides a detailed overview of the L3C model. |
| + | L3C Operating Agreement This is a sample of a model L3C Operating Agreement prepared by Marcus Owens a partner in Caplin & Drysdale, attorneys in Washington, DC. |
| + | L3C UBS Presentation Robert Lang of the Mannweiler Foundation and Marcus Owens of Caplin & Drysdale made a presentation at the UBS Philanthropy Forum in Lisbon Portugal in July 2007. This is a supporting document. |
| + | COF’s 2007 Agenda for Philanthropic Partnership The Council on Foundations has adopted an ambitious legislative agenda for 2007 that promotes working proactively and in partnership with Congress to enact several proposals including the L3C |
| + | The New Efficient Frontier Brian Dunn of Acquillian Investments has written a very provocative paper on Modern Portfolio Theory - The Efficient Frontier in 3D. It provides an underlying philosophical basis for the L3C. |
| + | F4F Finance for Foundations Paper by Dr. Maximilian Martin, Executive Director, Global Head Philanthropy Services UBS and Arthur Wood, Social Financial Services, Ashoka. This paper lists the L3C as one of the two most promising world wide concepts for bringing more money into the social capital market place. |
| + | Pew Internet & American Life Project This is a report reflecting lack of adequate broadband Internet service in rural areas that are the very areas in which it could have the most impact. The L3C has been identified as a possible vehicle for construction of rural broadband infrastructure. |
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Vermont Legislation Enacting L3C (H. 0775) Signed into law on April 30, 2008, Vermont became the first state in the nation to codify the L3C . |
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Text of Vermont Session Law, Enacted by H. 0775
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| + | North Carolina General Assembly: Joint Study Committee on a North Carolina Applied Furniture Technology Center Report by a Joint Committee of the NC Legislature that discusses various problems in the industry and possible solutions including use of the L3C. |
| + | Overview of NC Legislation This is a summary of NC legislation prepared by Marcus Owens in February 2007. |
| + | NC Senate Bill 91 This is an omnibus bill that incorporates the L3C concept into a bill designed to save endangered jobs by saving endangered industries. |
| + | Proposed Montana Legislation This is a possible L3C law conforming with Montana LLC laws written at the request of a legislator in Montana by Marcus Owens. |