This Portfolio also examines expenditure responsibility grants to for-profit entities. Finally, this Portfolio looks at the emergence of hybrid organizations in the United States, which are single for-profit legal entities that simultaneously serve a traditional business purpose and a social or charitable purpose. Specifically, within the past five years, twenty-five states and the District of Columbia have enacted statutes authorizing distinct types of legal entities that cater to social enterprise. Both types of such hybrid organizations, as well as certain other variants, are discussed in detail in the final portion of this Portfolio.
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The role of hybrid organizations
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