SE(c)(3): A Catalyst for Social Enterprise Crowdfunding

Authors

Dana Brakman Reiser, Brooklyn Law SchoolFollow
Steven A. Dean, Brooklyn Law SchoolFollow

Document Type

Article

Publication Date

Summer 2015

Publication Citation

90 Indiana Law Journal 1091 (2015)

Abstract

The emerging consensus among scholars rejects the notion of tax breaks for social enterprises, concluding that such prizes will attract strategic claimants, ultimately doing more harm than good. The SE(c)(3) regime proposed by this Article offers entrepreneurs and investors committed to combining financial returns and social good with a means of broadcasting that shared resolve. Combining a measured tax benefit for mission-driven activities with a heightened burden on shareholder financial gains, the revenue-neutral SE(c)(3) regime would provide investors and funding platforms with a low-cost means of screening out “greenwashed” ventures.

Recommended Citation

Brakman Reiser, Dana and Dean, Steven A. (2015) "SE(c)(3): A Catalyst for Social Enterprise Crowdfunding," Indiana Law Journal: Vol. 90: Iss. 3, Article 5.
Available at: https://www.repository.law.indiana.edu/ilj/vol90/iss3/5