Article Archives >> Ready Reference >> July 16-31, 2006
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What Do We Mean When We Say “Nonprofit”?
Terminology obscures distinctions that are critical
to understanding the rules that apply to organizations
We often start our lectures by quizzing the participants on their understanding of “nonprofits.”
By show of hands, how many think the following organizations are nonprofits?:
The Bill Gates Foundation; your church, synagogue, or mosque; the
local United Way; the local community foundation; a major local
university such as Harvard; a local social service organization;
the Sierra Club; the local private golf club; the National Football
League; the New York Stock Exchange.
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Article Archives >> Ready Reference >> July 16-31, 2006
