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  2. Charitable for-profit entity - Wikipedia

    en.wikipedia.org/wiki/Charitable_for-profit_entity

    A charitable for-profit entity is an organization with a charitable mission but legally organized as a for-profit corporation. Both benefit corporations and Low-profit limited liability companies (L3C) fall under this category. As well as generating a profit, a charitable for-profit entity concentrates on setting a social objective.

  3. Foundation (nonprofit) - Wikipedia

    en.wikipedia.org/wiki/Foundation_(nonprofit)

    A foundation (also referred to as a charitable foundation) is a type of nonprofit organization or charitable trust that usually provides funding and support to other charitable organizations through grants, while also potentially participating directly in charitable activities.

  4. What nonprofit debt consolidation is and how it works

    www.aol.com/finance/nonprofit-debt-consolidation...

    For-profit debt settlement companies may offer some free resources for ongoing support but often charge for premium versions of these tools. Pros and cons of nonprofit debt consolidation The ...

  5. Non-profit organization laws in the U.S. - Wikipedia

    en.wikipedia.org/wiki/Non-profit_organization...

    In a non-profit corporation, the "agency problem" is even more difficult than in the for-profit sector, because the management of a non-profit is not even theoretically subject to removal by the charitable beneficiaries. The board of directors of most charities is self-perpetuating, with new members chosen by vote of the existing members.

  6. Not-for-profit organization - Wikipedia

    en.wikipedia.org/wiki/Not-for-profit_organization

    A not-for-profit or non-for-profit organization (NFPO) is a legal entity that does not distribute surplus funds to its members and is formed to fulfill specific objectives. [ 1 ] [ 2 ] While not-for-profit organizations and non-profit organizations (NPO) are distinct legal entities, the terms are sometimes used interchangeably. [ 3 ]

  7. Low-profit limited liability company - Wikipedia

    en.wikipedia.org/wiki/Low-profit_limited...

    It can be performed as a loan, loan guarantee, equity purchase, or another investment form so long as it achieves a charitable purchase. [ 36 ] By definition, L3Cs must outline in their operating agreements how they will meet the provisions of IRS Treasury Regs.Sec.53.4944-3(a) which indicates the requirements for PRIs.

  8. Foundation (United States law) - Wikipedia

    en.wikipedia.org/wiki/Foundation_(United_States_law)

    A foundation in the United States is a type of charitable organization. Though, the Internal Revenue Code distinguishes between private foundations (usually funded by an individual, family, or corporation) and public charities (community foundations and other nonprofit groups that raise money from the general public). Private foundations have ...

  9. Form 990 - Wikipedia

    en.wikipedia.org/wiki/Form_990

    Form 990 is due on the 15th of the fifth month after the organization's fiscal year ends, [7] [8] with the option for a single six-month extension. [9] [10] The Form 990 disclosures do not require but strongly encourage nonprofit boards to adopt a variety of board policies regarding governance practices.