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Can a nonprofit foundation give money to a for profit organization
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∙ 10y ago
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Define budget and budgeting discuss its utility and limitation?
It is a financial plan for how an organization will receive and spend money. The utility is that it allows performance evaluation of the managers while its limitation is that it does not give the employee the morale to work.
What are four key elements of the free enterprise system?
Competition- Different businesses can compete for business, money, etc. Profit- You can earn a profit if you are working with a company, meaning you give in work, and you get money Private Property- You can buy property, making it yours, and only yours Economic Freedom- Freedom to buy what the business men thinks will sell
What is a sentence using the word profit?
I can give you several sentences.We are in business to make profit.The profit on that sale is ten percent.It will profit you to take my advice.
What is the role of profit in business?
Profit in business helps in enhancing the owners capital and helps to invest on other works.By profit he can be able to give salaries or pay his dept
What is meant by overspending and unauthorised expenditure?
An organization must plan and authorize the money that it spends, also known as its expenditures. If the employees of an organization simply buy whatever they want to buy, without planning or authorization, then that organization will almost certainly run out of money and go bankrupt. Given unlimited opportunity to spend, most people are likely to spend too much. And even a very wealthy organization has only so much money to spend. So organizations make plans about how much they want to spend, and then to ensure that their employees will not violate those plans, they have only certain responsible people who are in charge of spending, who must give their agreement, in other words their authorization, before people can spend money. If there is more money spent than was planned, that is called overspending. And if money is spent without the authorization that an organization has asked for, then that is unauthorized expenditure. These things are certainly known to happen, and they endanger the finances of any organization in which they happen.
How can you donate money for poor peoples?
give it to a non-profit organization that helps them like the salvation army....
How do I look for nonprofit organizations?
A google search will give you thousands of results for non for profit organizations.
Do equations help a business maximize profit?
It all depends on what the organization is doing, but calc. money and taxes then yes it is quite helpful and will give you a financial gain
Is the National Rifle Association of America a non-profit organization?
Yes. The NRA itself is tax exempt (it is nonprofit to the extent of paying no corporate taxes, but donations to it are not deductible to the donor), while some associated organizations such as the NRA CIvil Rights Defense Fund can give deductibility to the donor.
What is the difference between non profit organization and non government organization?
A non-profit organization is typically a local group (it can be multinational) and is committed to only paying the salaries of its members and its expenses. In this way, no profit is made. A non-governmental organization is almost always a national or international organization that assists people in ways that governments in the region typically do not (or not to a large enough extent) and many non-governmental organizations do make a profit although some are non-profit as well. The bottom line is: If you have a non-profit NGO, they typically use one title to give more clarity as to their main focus.
Should a non profit charge sales tax it sells in a church?
It depends what you really mean. It all boils down to whom is doing the BUYING. If it is the church BUYING, then they are not charged tax because they are a non-profit organization. If someone else is buying who is not a non-profit organization (a for-profit organization or an individual) than they have to pay sales tax. It does not matter that the church is doing the selling (or that you are doing the selling on church grounds) what matters is whether the person or organization buying the goods is tax exempt (non-profit) or not. Note that the church or any other retailer or seller needs to charge tax on behaf of the state and they are required to give the tax money to the state.
Looking for caterers in Seattle, WA who will give a discount to a non profit organization event?
I could not find evidence of a catering company that gives discounts to non-profits. You could save money by shopping around.
If you give a car as a gift can you claim back the tax?
A car, gifted to a nonprofit organization can be used as a tax deduction. A car gifted to an individual cannot be used as a tax deduction.
Where do you give the money if you make a fundraiser?
It depends what the fundraiser was raising money for. The money should go to the project or organization.
How much money does us give to World Health Organization?
25,000,000
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.
How much money do churches around the world give to charities every day?
nothing, they keep every single penny. for 'keeping up to date' with god, most churches which are mostly not-for-profit organization do an annual turnover of about $1,000,000
