public benefit corporation


Also found in: Acronyms, Encyclopedia, Wikipedia.

public benefit corporation

n. a term used in some states for a non-profit community service corporation. Typical examples are service clubs like Kiwanis, Rotary, Soroptimists and Lions. (See: corporation)

References in periodicals archive ?
passed legislation creating the concept of a Public Benefit Corporation, a new type of for-profit corporation with an expressed commitment to creating a material, positive impact on society.
Adoption of Public Benefit Corporation status in our company charter means that, in addition to continuing to provide high quality environmental services, we will plan, measure, and report on EA s progress in delivering our specific public benefits, which will further distinguish and enhance the value we create for ourselves, our clients, and our environment.
BBD, a business-for-business executive, leadership coaching and consulting firm, has relaunched its brand as the first business to file for Public Benefit Corporation status under the new law.
The Rasmussen College Community Career Fair is a key initiative under the College's Public Benefit Corporation platform, "Building Community Through Education.
The New York State Energy Research and Development Authority (NYSERDA) is a public benefit corporation created in 1975 by the New York State Legislature.
Through the Public Benefit Corporation designation, Rasmussen College joins more than 850 companies spanning 60 industries.
The New York State Energy Research & Development Authority (NYSERDA), a public benefit corporation that helps businesses and municipalities address energy and environmental challenges, sponsors the energy rebate initiative.
Health Net's conversion in February of this year from a nonprofit public benefit corporation to a for-profit corporation.
Santa Clara County Tobacco Securitization Corporation (The Corporation) is a special purpose nonprofit public benefit corporation organized under the California Nonprofit Public Benefit Corporation Law.