Can a Nonprofit Sell Goods and Services?

แชร์
ฝัง
  • เผยแพร่เมื่อ 27 มิ.ย. 2024
  • Without a doubt, one of the most misunderstood issues with nonprofits is the issue of selling stuff. Can a nonprofit sell goods and services? Well, the short answer is YES, but you’re going to want to stick around after the intro to hear the details on this, because... trust me... the details matter.
    📚 ADDITIONAL RESOURCES:
    •VIDEO: What is Unrelated Business Income in a Nonprofit? • What is Unrelated Busi...
    •BLOG ARTICLE: Nonprofit Unrelated Business Income Explained bit.ly/3o91I77
    🏆 YOUR NEXT STEP:
    •Fill out this form for a FREE consultation on how to start a nonprofit: bit.ly/3Tu9nYE
    •Register for Fundraising TV: www.501c3.org/fundraising-tv/
    •Download the FREE eBook “10 Things You Need to Know Before Starting a Nonprofit” bit.ly/3XhFag0
    0:00 Introduction
    1:17 Program Revenue
    1:58 Program Revenue Examples
    2:44 Commerciality Doctrine
    3:08 Commerciality Doctrine Examples
    5:33 Unrelated Business Income
    6:38 Conclusion

ความคิดเห็น • 9

  • @mr.almajor
    @mr.almajor ปีที่แล้ว +2

    Thanks 🙏 i was working my website, when the notification came in on my phone for your video. And that’s exactly what I’m trying to do right now, listing some Christian design T-shirts on my nonprofit organization website.

  • @shirleyford5468
    @shirleyford5468 ปีที่แล้ว +3

    Thank you again Foundation Group for setting up Our Journey Through in 2016 and again this valuable information about Program Revenue 💯

  • @preethisachin4827
    @preethisachin4827 ปีที่แล้ว +1

    You are very clear and crisp. THANK YOU

  • @maroworld4304
    @maroworld4304 ปีที่แล้ว

    Thank you you are doing great , I'm still waiting for my free consultation , This is really appreciated and you are all doing great , Thanks in advance , Regards, AM

  • @waynecmontgomery
    @waynecmontgomery ปีที่แล้ว

    As always Greg great video and very informative. In one of your future videos could you please talk about what a "related organization" versus " controlled entity" is when it comes to nonprofits and how nonprofits or public charities can own for-profit companies but the nonprofit may have to report the ownership and profits of the for-profit company on section R of the 990/ez. I see Micheal Bloomberg the former Mayor of New York just gave away his business interest in Bloomberg TV to his nonprofit Bloomberg Philanthropies?

  • @CibusMission
    @CibusMission ปีที่แล้ว

    What about Daystar? How does that media church work? Are they tax exempt because they are their own church and not just working for one?

    • @FoundationGroup
      @FoundationGroup  ปีที่แล้ว

      Hard to say. When we searched for Daystar in the IRS database, there were quite a few nonprofits with that name. If they have a determination letter as a church, then they must have a congregation that meets at a physical location in addition to their media ministry.

  • @UziMovie
    @UziMovie 6 หลายเดือนก่อน

    what if my video production company is a non profit that serves children after school. can i rent out my space to customers to further advances in my organization?

    • @FoundationGroup
      @FoundationGroup  6 หลายเดือนก่อน +1

      Not enough details here to give an affirmative answer, but in most cases I think the answer is "yes".