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Depending upon what type of corporation it is, and its chartered purposes, there are many ways to "make money" for non-profits.
Charities, churches, educational non-profits, and others, often solicit donations from members, alumni, or the general public. Others sell products or services or sponsor amusements to raise money. Finally, there are government agencies that have the power to grant money to qualifying non-profit organizations that are carrying out a function that would otherwise be done using tax money.
For example, a town fire department may have a budget from annual taxes, plus accept donations of time or equipment, plus solicit cash donations from the public or from private foundations, plus sell souvenirs, plus hold games for charity, and also solicit state or federal money through various grants.
What else can I help you with?
Why were corporations better for large businesses than partnerships?
Corporations could continue to exist after managers died. Corporations could quickly raise money by selling shares of stock. Corporations can grow much faster.
Why did the corporation grow dramatically after the 1870?
Corporations had access to money and new technology.
Why are crown corporations important for Canada's economy?
a large corporation who brings in money for workers
How does global trade affect local businesses?
The global corporations have more money to spend on advertising, so they can make themselves known to the public. Local businesses don't have as much money, so they can't make themselves known. Most people identify themselves with a brand that they see in TV, but local businesses don't usually go in television so they can't have as many costumers as the big corporations. Global trade has more costumers than local business, so as long as there is a store nearby, a local business is gonna lose costumers and money.
The Prime rate is the lending rate at which the largest and most creditworthy corporations borrow money from banks?
TRUE!
Which was a major reason for the creation of corporations?
to make more money
Was a major reason for the creation of corporations?
to make more money
Which was a major Reason For The Creation Corporations?
to make more money
What were two major goals of corporations?
The main goal of a corporation is to make money. Next, corporations should ensure that their customers are satisfied with they products.
Can corporations make investments?
Corporations may make any lawful investment. They often invest in the stock and/or bonds of other corporations, personal or real property, mutual funds, money market accounts, certificates of deposit, and government securities.
What factors allowed corporations to make so much money in 1862?
Corporations didn't exist in 1862. They are a modern idea that began in earnest in the 1980's.
When will avengers come out on DVD?
Possibly sometime in September, as this is a big movie the corporations want to make as much money as they can.
Why did the number of corporations grow dramatically after the 1870?
Corporations had access to money and new technology.
Why did number of corporations grow dramatically after 1870?
Corporations had access to money and new technology.
How did corporations make it difficult for a small farmers to compete in the late 19th century?
they charged money for access to water-apex
How does Berkshire Hathaway work?
Berkshire Hathaway is a holding company which invests in many other companies. They own millions of shares in Nike, Bank of America, Procter&Gamble, and many other corporations. They make money from dividends that those corporations pay, and by increases in those corporations share prices. When they make profits from corporations, Berkshire Hathaway either sells the stock and the invests in other corporations, or they hold they company and purchase more shares in it.
Why do corporations have to pay income tax?
Governments need money, and corporations (in general) have a lot of money, so it seemed like a good idea to tax them.
