How to Create and Publish a Public Benefit Report on Your Company Website 

Guidance for Maryland and Delaware LLCs and Corporations  Companies across the MidAtlantic are increasingly adopting mission driven governance structures—whether as Maryland benefit corporations or benefit LLCs, Delaware Public Benefit Corporations (PBCs), or Delaware statutory public benefit LLCs. One of the most important tools for demonstrating transparency and accountability in these structures is the public benefit (also referred to as…

Stepping Inside Tola’s Room: A Space for Culture, Connection, and Change in Baltimore 

As a Certified B Corp, our firm is committed to providing legal services to individuals and organizations that strive to make a positive impact in their communities. Baltimore’s Tola’s Room stands out as such an organization – an interactive three-floor home museum and culture space – that provides an unforgettable opportunity to experience and celebrate Puerto Rican/Nuyorican heritage up close and firsthand. With an emphasis on Baltimore’s local Boricua narrative, Tola’s Room highlights the history, traditions, and contributions of the city’s Puerto Rican community.  Step inside.   Founded in 2018 by artist, educator, and community leader…

Client Spotlight: ToGatherHomes® Addresses Housing Affordability and Climate Crisis  

In the region of Flanders, Belgium, something GREEN is happening.   ToGatherHomes®, a Belgian Certified  B Corp, and its United States affiliate, is working toward a healthier planet while also addressing the need for affordable and accessible housing in its community, plus common green spaces where residents can enjoy the outdoors.    The company is guided by three pillars: Affordability, Sustainability,…

Eat Your Veggies: Support Community Sponsored Agriculture 

We all yearn for the summer months each year – when the days are longer, the sun shines brighter, and life moves a little more slowly. It’s the season when we look forward to the crisp crunch of cucumbers and the juicy sweetness of tomatoes. Vegetables bring a delightful burst of life to our meals…

How to Convert an Existing Company to a Benefit Company 

Make the Business Case An existing company which wants to convert to a benefit company will also want to create a business case and undertake additional steps.   Complete Due Diligence The company should engage a lawyer to review that there are no impediments to becoming a benefit company. For a corporation, the lawyer should review…

How to form a new Benefit Company?

Don’t forget the basics From a legal perspective, a benefit corporation or limited liability company is just another company formed by state law. A new benefit company must also go through the analysis of any start-up, including addressing the following: Based on the answers to these questions, your attorney can counsel on your about the…

How to become a benefit corporation? 

Choosing a benefit company structure is much like choosing a c-corp, s-corp, or LLC structure: a business case blending business and legal acumen is developed considering a particular company’s business goals and aspirations. For many private companies, choosing a benefit company structure embeds the company’s aspirations to be a force for good into the company’s…

What is a B Corp?

Over the last decade, businesses, consumers and employees around the world have demanded more focus on the triple bottom line of people, planet, and profit. These shifting expectations have led to the development of benefit companies. A benefit corporation is a for-profit company formed to both (1) generate profits for its equity owners; and (2)…

Client Spotlight: Bella Ballet empowers dancers in new location

For over 10 years, Bella Ballet in the Kentlands has been building confident ballerinas, one twirl at a time®. Under the inspiring leadership of Hope MacDonald, Bella Ballet does more than just teach dance steps. Bella Ballet instills a sense of empowerment in every child who enters their studio. It is no surprise that a…

Reflections from Natasha–a purpose-driven lawyer

This week I came full circle on the 26 years since my first job out of law school at Legal Aid of North Carolina. With support from the late local chief district court judge Russell Sherrill, I had started a collaborative program to represent poor children with disabilities access health care, education, and safe homes. This is…