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main legalforms
from Youth Social Economy
Head: authority / system of governing
Hands: target groups/ beneficiaries
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Body: members/ workers etc.people involved
Legs: usual goals / objectives advantages& disadvantages
Cooperatives they are organised democratically and their profits are not distributed in proportion to the share capital contributed by their members market they operate on the market, from which they obtain their main source of funding
Usually each member is also a worker and shareholder both the nonfinancial corporations sector and the financial corporations sector and in practically every kind of activity
Member = worker Full time activity Much more professional, Usually under the company law
Foundations the primacy of the assets (property), one or two bodies that govern (board or council), founder local development no members or shareholders focus on areas ranging from the environment, social services, health and education, to science, research, arts and culture hey each have an established and reliable income source, which allows them to plan and carry out work over a longer term
Associations organised democratically, with separation of powers between: all members (regular meetings), board/manage ment (executive power) and in option the council (supervision) social role and are involved in the development of collective action dedicated to their members and the general interest partners of public authorities in their mission of services of general interest different societal functions, such as provision of services, militant activities, assistance, integration and training primacy of the individual and of social objectives over capital they are not for profit orientated and that they aim at contributing to the general interest