Can a nonprofit be in the business of making money? In the past, when forming an organization with a social purpose, a founder had to choose between a nonprofit or a for profit structure. Over the last decade, there's been a growing movement towards new and innovative ways of structuring businesses that blur the lines of the traditional distinctions between a nonprofit and a for-profit enterprise.
Join Eric Davis, one of the first attorneys in Western Pennsylvania to incorporate these new concepts into his legal practice, as he explains some of the terminology (social enterprise, B-corps, benefit companies, social impact investing), and explores why a nonprofit might be interested in exploring these new business forms and what to consider when making a decision to take on a profit-making enterprise.
Minimum System Requirements:
This course includes downloads of PDF documents (Portable Document Format) and streaming video. Viewing the documents will require Adobe Acrobat Reader or other PDF viewing software. Adobe Acrobat Reader is available for free from the Adobe website.
The video player will run on Mac OS, Windows and Linux as well as most mobile devices and tablets on any browser that supports Adobe Flash and/or HTML5. Supported browsers include Chrome, Safari, Firefox, Internet Explorer 9,10,11, and Microsoft Edge. Internet Explorer 8 is not supported on Windows XP for security reasons, but is supported on Windows 7 or higher operating systems.
An internet connection with a minimum speed of 768 kilobits per second is required. At least 5MB/sec is recommended to stream video in full HD quality. Please note that the video player may downgrade the quality of the video to accommodate lower connection speeds.
Eric is the current Managing Partner at the law firm of Elliott & Davis in Pittsburgh. His experience in structuring transactions, including joint ventures, partnerships, limited partnerships, limited liability companies and corporations makes him a valuable resource to businesses in need of a “strategic lawyer.” Eric concentrates in providing corporate, business and tax counseling to privately-held companies, including representing clients in transactions involving equity and debt financing, formation and start-up, venture capital, sales, mergers and acquisitions, technology licensing, and information technology.
For years, Eric has helped nonprofits gain tax exempt status and deal with issues confronted by nonprofit boards. Eric is also a recognized expert on nonprofit fundraising and teaches grant writing classes for the Pennsylvania Association of Nonprofit Organizations and has served as a panel expert for the Association of Fundraising Professionals.
Eric also has extensive experience in the aspects of real estate transactions, including financing, leasing, development, purchasing and selling real estate. His specialty in this area of the law is using corporate entities to reduce tax and risk exposure.
- How to Navigate This Course
- Presentation Slides
- Video Part One
- Video Part Two
- Video Part Three
- Course Feedback