Summary: <p>Nonprofits have always been entrepreneurial, identifying and implementing creative ways to address systemic challenges. Increasingly, nonprofits are exploring social enterprises as a means to advance their mission while enhancing their sustainability. Marc Lane joins the podcast to discuss key considerations and effective strategies for nonprofits in this space, including how not to jeopardize your tax exemption, when to consider forming a separate legal entity, and how might a Low-profit Limited Liability Company (L3C) help the nonprofit secure funding. </p>
