PrecisED, Inc. has been incorporated as a Public Benefit Corporation (PBC) in Delaware. A PBC is the same as a regular C-Corp, except that it has an:
Expanded Corporate Purpose to include one or more public benefit purposes. A PBC is required to balance financial interests of shareholders with the benefits to the identified publics.
Expanded Accountability wherein shareholders are given a private right of action to enforce the purpose.
Expanded Transparency in that has to report to shareholders about its overall impact of the purpose.