“…emerging legal structures generally follow two trains of thought that exist in the impact investing market place. The first involves building within one’s sphere, defining social value and then establishing that social mission within a legal structure. The second train of thought looks beyond ones sphere and says, ‘What we need to do is rethink the nature of collaboration in our society’. ‘This thought process seeks a legal structure that will place social mission at the centre of social collaboration in order to eliminate the fundamental paradox between making money and doing good’, says [founding partner of Total Impact Advisors, Arthur Wood]. According to Arthur, the first thought is a branding exercise to potentially get a tax break, while the second seeks the ultimate collaboration, to ‘bring the corporate sector into this space but hardwire a social mission into the process’.”

–Kelly Notcutt, “No longer the misfit: New legal structures create room for the social enterprise“