from The Chronicle of Philanthropy:

Congress Could Consider Creating New Category of Organization, Expert Says

As Congress eventually moves to consider making broad changes to the nation’s tax structure, proposals could emerge that would take into account a “blurring of the lines” in recent years between nonprofit organizations and for-profit companies, according to Russell Sullivan, staff director for the Senate Finance Committee.

“We might see the emergence of some proposals to establish what I’ll call, for the lack of a better term, a for-benefit corporation – something that is in-between a private taxable company that’s under our rules of C corporations or S corporations and partnerships but also not under our rules having to do with charities,” he said.