After class this Wednesday, I couldn’t help but think about quasi-government nonprofits, which carry out the function of government. Although the government’s responsibility to provide for these services is up for debate, it surprised me to learn about the lack … Continue reading
Lesson 1: Introduction to the Non-Profit Sector Reflections What does it really mean to be a “non-profit?” Non-profits are corporations that exist for some purpose other than the distribution of profits to its shareholders. The non-profit sector describes institutions and … Continue reading
“Opinion Enhanced Incentives Charitable Giving Make Good Tax Policy” is an interesting article about tax-exemption incentive donors have been enjoying for a century. Unfortunately, this incentive may not live any longer the tax reform proposals become a reality. The tax … Continue reading
Non-profits bridge gaps and give our society an opportunity to use resources that aren’t always provided by our government. What it really means to be a non-profit is that its main purpose is to serve the community and our society. … Continue reading
The New York Times, on February 2, 2017 reported that President Trump will take action to repeal the 1954 Johnson Amendment which essentially mandates that in order for an organization they must be non-partisan in order to receive and maintain … Continue reading
A non-profit provides some base level if not more of public benefit, is nonpartisan and does not distribute revenue to shareholders. Revenue is distributed amongst administrative costs and also allocated towards initiatives that meet its mission. Non-profits have an opportunity … Continue reading
Before yesterday’s class I was always confused about the difference between nonprofits and NGOs . I now do understand NGOs are a kind of nonprofits but not necessary a 501(c) (3) organization. A nonprofit is an organization whose sole purpose … Continue reading
Why does the government grant nonprofits “exempt” status? What value does that reflect? Nonprofits are tax-exempt for a variety of reasons. First, certain types of nonprofits relieve the government’s burden by providing services that the public would have liked the … Continue reading
This week we learned how corporations and non-profits are similar, except for the fact that corporations exist to make money for shareholders, while non-profits exist to fulfill a specific mission. Non-profits are allowed to make a profit – in fact, What … Continue reading
Lesson 1: Shared Resource Title: About Those Nonprofit Reserves: How Much Do You Need, Again? Link: https://nonprofitquarterly.org/2017/06/01/nonprofit-reserves-much-need/ I chose this article to share with the class as a valuable resource because I believe it corresponds to our discussion during last … Continue reading