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Another Public University Foundation Under Fire

19 October in Board Governance, Fundraising, Uncategorized

Sometimes called “slush funds” and “shadow corporations,” the foundations that support the nation’s public universities have been grabbing headlines recently: ones they would rather avoid. We highlighted some developments in “Foundations of Public Universities: Too Secretive?” “Public officials are raising questions about the spending practice of...

CA Benefit Corporations: Directors’ Reports

12 October in Social Enterprise

Socially conscious entrepreneurs in the Golden State now have two hybrid corporate models available to achieve the goal of “business-with-a-conscience.” In “Social Enterprises: A Revolution Under the Radar,” we introduced the California  “benefit corporation” and the California“social purpose” corporation (formerly called a “flexible purpose” corporation). In...