A public-benefit nonprofit corporation is a type of nonprofit corporation chartered by a state government, and organized primarily or exclusively for social, educational, recreational or charitable purposes by like-minded citizens. Public-benefit nonprofit corporations are distinct in the law from mutual-benefit nonprofit corporations in that they are organized for the general public benefit, rather than for the interest of its members. They are also distinct in the law from religious corporations.
See also
Non-Profit Corporation Advantages -- 60 Second Business Tip - http://www.nchinc.com/ A non-profit corporation is a company or organization formed for purposes other than making a profit. Like standard for-profit corporations, non-profits provide limited...
- Civic society
References
External links
- California Code - Part 2: NONPROFIT PUBLIC BENEFIT CORPORATIONS [5110. - 6910.
- Organization of California Nonprofit, Nonstock Corporations
