WorldKind - a Public Benefit Company

WorldKind is recognized by the Commonwealth of Pennsylvania as a Public Benefit Limited Liability Company (PBLLC) because our team creates general public benefit by supporting learning and development projects across the world. 

What is a "Public Benefit Company"?

According to the Commonwealth of Pennsylvania's "Benefit companies – 15 Pa.C.S. §§ 8891-8898," benefit companies are "Pennsylvania limited liability companies, with a purpose of creating a general public benefit, in addition to any other purposes they have as a limited liability company. A general public benefit is defined as a material positive impact on society and the environment, taken as a whole and assessed against a third-party standard, from the business and operations of a benefit company. A benefit company may also have as a purpose the creation of one or more specific public benefits. These include: (1) providing low-income or underserved individuals or communities with beneficial products or services; (2) promoting economic opportunity for individuals or communities beyond the creation of jobs in the normal course of business; (3) preserving the environment; (4) improving human health; (5) promoting the arts, sciences or advancement of knowledge; (6) promoting economic development through support of initiatives that increase access to capital for emerging and growing technology enterprises, facilitate the transfer and commercial adoption of new technologies, provide technical and business support to emerging and growing technology enterprises or form support partnerships that support those objectives; (7) increasing the flow of capital to entities with a public benefit purpose; and (8) the accomplishment of any other particular benefit for society or the environment. 

A benefit company offers entrepreneurs and investors the option to build, and invest in, businesses that operate in a socially and environmentally responsible manner."

WorldKind's 2023 Public Benefit Report Documents