As a CEO its probably illegal for you to donate your company profits or at the very least it can get you fired, sued and blacklisted!
As the CEO of BNE Publishing we intend to Donate 50% of our annual profit to supporting Arts and The Public Good!
Unlike most C-Corps a Benefit C-Corp (which became legal in October in CT) can donate a portion of its profit to public good. This allows us more flexibility in how we use our general ledger. At the same time we are able to help to provide a benefit to the general public and in the case of this business, the arts!