In 2015, Kickstarter, the “rewards” (as opposed to equity) crowdfunding portal, re-incorporated as a public benefit corporation.
Public Benefit Corporations have two goals: maximize value to its shareholders (Kickstarter is a privately held company) and consider and balance the impact of its corporate decisions on other stakeholders, including its fund raisers and the public at large.
In addition, it is required to report annually its overall social and environmental performance against a third party standard.
Other PBC’s are Plum Organics, King Arthur Flour and Patagonia.
Kickstarter released its first annual report recently: