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The DWP has now clarified that private companies can also be included in the definition of "community benefit".
While both are tax exempt, it is worth noting that 501(c)(3) organizations, such as nonprofit hospitals, must demonstrate a level of community benefit that is at least commensurate to the value of its tax exemption.
Under section 48 of the 2011 official guidance, the third definition of community benefit is described as "working towards the profit of the host organisation, providing that the majority of the role is dedicated towards delivery of benefit to the community".
The proposed new rules could also lead to greater use of community benefit clauses.
Here's an example: Zendesk, a San Francisco-based IPO candidate that was originally founded in Denmark, is running the "gold standard" of community benefit programs in the Tenderloin.
Attracted to MAZON's national prominence, Kaiser Permanente aligned its social mission of community benefit and disease prevention with MAZON's work in the emergency food system.
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Scotland's register of community benefits could be copied elsewhere in Britain.
More profound challenges face councils who want to drive harder bargains with private developers over the provision of community benefits, including low-cost homes.
I sense there will be a number of community benefits from being within their walled garden at some point, but these aren't yet visible.
In Scotland, where a register of community benefits invites comparisons between projects, annual payments of around £20,000 ($30,000) or for each megawatt capacity installed are now widespread.
It is founded on capturing the increased land values that result from new development and using these to fund a variety of community benefits, not least new social housing.
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CEO of Professional Science Editing for Scientists @ prosciediting.com