public benefit corporation


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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 ?
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.
UNDC is a state of New York public benefit corporation created in 1968 to assist the United Nations community with its office space and other real estate needs.
The Battery Park City Authority is a public benefit corporation created by the New York State Legislature in 1968 to develop a 92-acre site at the southwestern tip of Lower Manhattan.
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.
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.