The Improve Group congratulates its pro bono clients on the successful submission of their first Annual Benefit Reports. These organizations joined a new class of for-profit corporations in Minnesota that have pledged to pursue public benefits among their primary objectives. Public Benefit Corporations (PBCs) are Minnesota’s newest form of business, designed explicitly to benefit the public through the products they sell, resources they use, and charitable and volunteer contributions they make. As an organization helping for-profit, nonprofit, and public entities ensure their investments lead to meaningful, sustained impact, The Improve Group is pleased to help champion Minnesota’s new PBCs.
We congratulate our pro bono clients:
- Fair Anita (first to submit a report!)
- MNPharm
- Swim Possible
- Zuri
- Can Can Wonderland
These clients were winners of the Benefit Corporation Cultivator Program, a collaboration of local organizations that teamed up to support this new class of Minnesota businesses. The collaboration includes The Improve Group, Fredrikson & Byron, and The Restore Collaborative. Jeff Ochs of Huli Consulting also provided important insights and guidance for the initiative. The Improve Group provided free social impact evaluation consulting services. Specifically, we helped the new PBCs define and articulate their specific public benefit, measure benefits and impact, and prepare to report results to the public. Fredrikson & Byron provided free legal support and The Restore Collaborative provided free use of their co-working space.
Companies are increasingly looking to have a social impact as a way to differentiate themselves and attract customers and employees. Let us know how we can help your organization think strategically about social impact.