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Who owns a non profit?

Updated: 11/10/2022
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13y ago

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A non profit organization? E.g -> Salvation Army.. The biggest is: The Bill and Melinda Gates Foundation

Generally, a non-profit is founded by a board of directors. A non-profit is then run by various officers such as a president or executive directors. However, most non-profits are tax-exempt because they are founded for "public support". Consequently, there are individuals who found and are legally responsible for an organization. However, most people do not speak of someone "owning" a non-profit in the as you would in the traditional for-profit sense.

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13y ago
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