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Can a for- profit business operate under the umbrella of a non-profit organization?
== == I'm not sure what you mean by "umbrella". It cannot be a part - like a division - of a for profit business.
I presume you mean can a qualified tax exempt not for profit Incorporated entity be a subsidiary of a for Profit Co...
No. A zillion reasons, but lets leave it as it couldn't be a qualified NFP entity.
::edit:: A for-profit business can in fact start a non-profit. Of course, there are stipulations regarding management, operation, board structure, and inurement of funds, but the underlying point is that, though challenging, it is possible.
http://www.socialedge.org/features/skoll-world-forum/discussions/business-models/creating-a-hybrid-for-profit-non-profit-social-enterprise-structure/view
::end edit::
What else can I help you with?
What are organization that are in the business of benefiting society and operate like a business called?
Nonprofit Organizations.
What is a institution that functions much like a business but does not operate for the purpose of generating profits?
nonprofit organization
Can a non-profit organization operate under the umbrella of a church organization?
Yes, a non-profit organization can operate under the umbrella of a church organization because most churches operates as a non-profit organization.
Do you need an LLC for a nonprofit organization?
No, a nonprofit organization does not need to be structured as an LLC. Nonprofits typically operate as corporations or charitable organizations, which have different legal structures and tax implications than LLCs.
Do Google search engine operate on a profit or nonprofit basis?
Google search engine operate on nonprofit basic.
What of the following is not an example of a nonprofit organization?
To accurately identify which option is not an example of a nonprofit organization, specific examples or options need to be provided. Nonprofit organizations typically focus on charitable, educational, or social causes and do not operate for profit. Examples of entities that are not nonprofits include for-profit businesses, corporations, or sole proprietorships that aim to generate profit for their owners or shareholders.
Characteristics of business organization?
Businesses operate to make money. A business can be a proprietorship, partnership or a corporation. The structure of the business is determined by the owners.
What services does the Student Assistance Foundation provide?
The Student Assistance Foundation is a nonprofit organization that helps students to fund their postsecondary education. They only operate in the state of Montana.
What is the top juinor hockey league in the world?
I have no doubt it is the Canadian Hockey League, which is an umbrella organization that helps to operate the OHL, the WHL, and the QMJHL in Canada.
Can a for-profit business operate under the umbrella of a non-profit How do I go about doing this Can I receive grants if I am for-profit acting as non-profit under this umbrella?
I'm a for profit organization for charity acting as a non profit. What are the benefits considering that this is a charity organization with volunteers including myself. I chose to avoid 501(c)(3) to bypass govt. regulations. I am Inc. I simply want to know if this is a safe way to go. Susan
What is the definition of Domestic Business Environment?
Domestic Business Environment refers to business conducted within an organization's base country such as businesses who operate in the USA.
How does Habitat for Humanity operate?
Habitat for Humanity is a nonprofit organization that help low income afford their own homes. They have helped many families. They have positive message and they give families hope.
