L3C discussion at Community Media Workshop

I’ll be joining John Plunkett and Thom Clark in a discussion about the new L3C business structure and how it could be useful to new media orgs on Friday, May 7. Stop by and join the discussion.

I hope you’ll be able to join us Friday when The Chicago Community Trust’s Community News Matters program and Community Media Workshop host an informational session to discuss the L3C model and how it might benefit new news organizations looking for a more flexible method of organizing that differs both from standard business
incorporation and 501c3 nonprofit status.

When: Friday, May 7; Coffee at 8:30; program from 9-10:30
Where: Room 401, 600 S. Michigan Ave. at Columbia College Chicago

We’ll discuss what an L3C is and why some new news journalists have
been exploring it. Harborquest CEO John Plunkett, whose nonprofit
helped initiate the enabling legislation that created L3Cs in the
state of Illinois and was the first to use the new status, will talk
about how to take advantage of L3C status and how it fits into the new
wave of “social venture investing” in Chicago. Journalist and media
expert Sally Duros will talk about special considerations for news
outlets.

We hope you’ll join us to find out more about the new L3C model.

This event is free but please RSVP by emailing Maggie Walker at
maggie@newstips.org.

Vivian Vahlberg
Project Director
Community News Matters