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SEA Offers New Educational Teleconferences
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Special Free Member Teleconference:
You and the L3C
December 9, 2008 at 1pm ET
There is much talk about the L3C as the new way to organize social enterprise. Attend this teleconference and hear Robert Lang the creator of the L3C give you a more in-depth primer on L3C basics
and how you might use it. Details
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In partnership with Social Enterprise Group, SEA is pleased to offer 3 teleconferences on key topics for success in social enterprise. Sign up today, and notify your staff of these new offerings. Members get a discount at $30; non-member price is $40.
The following workshops, delivered via a one hour conference call, are designed to give you the tools you need to effectively develop an earned-income strategy. Presented by Kirsten Gagnaire, a leading expert in the field, these workshops include lecture, PowerPoint presentations, question & answer sessions and hands-on exercises. We encourage interactive participation on all of our workshops as there is much to be gained by learning from each other. Please come with your comments and questions and we'll do our best to get them addressed.
Lessons from the Front Lines
October 27, 12:30 PM Eastern
There are few things scarier than watching your business fail. In this workshop, we'll present case studies about what could go wrong when running a social enterprise. We'll discuss three very different projects and the pitfalls that could have been avoided. You'll gain invaluable tools for keeping your venture on track.
Mission, Money & Culture
November 19, 1:00 PM Eastern
For organizations ready to solve the inherent challenges that come with trying to balance a social or environmental mission with the need to generate revenue. We'll offer plenty of tips for balancing these elements over the long term.
Pricing Strategies
December 10, 1:00 PM Eastern
Learn the four Ps of pricing, when to use them, and how to develop short and long term pricing strategies.
Special Free SEA Member Teleconference
You and the L3C
December 9, 1:00 PM Eastern
There is much talk about the L3C as the new way to organize social enterprise. The short explanation of
the L3C is that the L3C* is not a nonprofit. It is a for profit venture that under its state charter must have a
primary goal of performing a socially beneficial purpose not earning money. The legislation was
specifically written to dovetail with the federal IRS regulations relevant to Program Related Investments
(PRIs) by foundations. This makes it a perfect vessel for PRI investment without the need for IRS private
letter rulings. It also facilitates tranched investing with the PRI usually taking first risk position thereby
taking much of the risk out of the venture for other investors in lower tranches. The rest of the investment
levels or tranches become more attractive to commercial investment by improving the credit rating and
thereby lowering the cost of capital. It is particularly favorable to equity investment. Because the
foundations take the highest risk at little or no return, it essentially turns the venture capital model on its
head and gives many social enterprises a low enough cost of capital that they are able to be self
sustainable.
Want to know a little more? Call in to our teleconference entitled You and the LC3 on December 9, 2008
at 1PM EST and hear Robert Lang the creator of the L3C give you a more in-depth primer on L3C basics
and how you might use it. Written materials will be distributed in advance and the 1 hour session will
include ample time for Q & A.
About the Presenter:
Robert Lang, President and CEO of the Mary Elizabeth and Gordon B. Mannweiler Foundation and CEO of the L3C Advisors, has been promoting the use of
L3C as a vehicle to promote the effective use of PRIs for a number of years. To learn more, please visit: http://americansforcommunitydevelopment.org.
Registration Deadline:
Sunday, December 7, 2008
This event is provided free of charge to SEA Members. If you are not yet a member, please click here to learn more about SEA Membership.
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