Low Profit Limited Liability Corporation ( L3C) Update

I believe Low Profit Limited Liability Corporations (L3Cs),  are key entities that will allow believers to fund  BAM initiatives in mission environments.. L3Cs are entities that may allow Corporations to Fund Entrepreneurial Projects and yet still receive Charitable Contribution tax credits. It's  still complicated to set up, but there is legislation pending, the PRIs Promotion Act, which is aimed at making funding of  BAM and other social enterprise start ups easier. The following article is an update on the status of the L3C and the legislation. ******************************** by  Steve Gunderson, president and CEO of the Council on Foundations. Earlier this year, Americans for Community Development held its inaugural conference, “L3C...

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From the Regeny

Three Kingdom Business/Business as Misssion related books Reinventing the Wheel: A New Spin on American Business Leadership By Jonathan D. McDowell  As America loses faith in current models of leadership, the current need for a new type of leadership is described. A reinvention of leadership is suggested through the use of Romans 12:9-21 as a baseline. After laying that foundation, three foci for a leader are outlined: Purpose, Community and Fortitude. These ideas from contemporary business thought are then applied to business with the text of Romans 12:9-21. The result is what a reinvented American business leader should aim to achieve in personal and organizational leadership.  Servant Leader Workplace Spiritual Intelligence: A Shield of Protection from Workplace Stress By...

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Is My Business Labor an Act of Worship?

The word "ministry" carries different meanings depending who's using it and what's being described. In the last decade, there's a movement among some workplace-based believers who pursue business labor as an act of worship.One of the names the movement carries is  Business as Mission (BAM). People involved in Business as Mission, Workplace Ministry, "tentmaking", church planting, Kingdom Business Professionals, Great Commission Companies use the word ministry in a way that appears to carry  a different meaning than when the word "ministry" is used by clergy. Some clergy participating in BAM discussions cautiously explore what BAM people mean by the word "ministry". Some questions they ask are: Do you mean...

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