https://spec.edmcouncil.org/fibo/ontology/BE/LegalEntities/CorporateBodies/BenefitCorporation
not-for-profit corporation set up under specific state legislation, typically to provide some social benefit, without an obligation to maximize shareholder return
Instances of fibo-be-le-cb:BenefitCorporation can have the following properties:
| PROPERTY | TYPE | DESCRIPTION | RANGE |
|---|
@prefix cmns-av: <https://www.omg.org/spec/Commons/AnnotationVocabulary/> .
@prefix fibo-be-le-cb: <https://spec.edmcouncil.org/fibo/ontology/BE/LegalEntities/CorporateBodies/> .
@prefix owl: <http://www.w3.org/2002/07/owl#> .
@prefix rdfs: <http://www.w3.org/2000/01/rdf-schema#> .
@prefix skos: <http://www.w3.org/2004/02/skos/core#> .
fibo-be-le-cb:BenefitCorporation a owl:Class ;
rdfs:label "benefit corporation" ;
rdfs:isDefinedBy fibo-be-le-cb: ;
rdfs:subClassOf fibo-be-le-cb:NotForProfitCorporation ;
skos:definition "not-for-profit corporation set up under specific state legislation, typically to provide some social benefit, without an obligation to maximize shareholder return" ;
cmns-av:explanatoryNote "This is a US-specific type of non-profit corporation defined in recent legislation in a number of states. In California, for example, benefit corporations may be defined as public benefit or mutual benefit corporations, depending on their purpose." .