Guide Nonprofit Organizations

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Nonprofit Organizations

What is the definition of nonprofit organizations? Non-profits are created for many different purposes such as: cultural, economic, politic, religious, educational, among others.

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These organizations are granted tax-exempt status and all contributions made to them are tax deductible, as long as they are properly registered. Normally, not for profits have both paid staff and people that volunteer for the cause of the organization. Even though they are not designed to profit from their activities they are financially active and can grow to be big institutions, as in the case of universities, hospitals, churches or even political parties.

The funds to start a not-for-profit organization come from their own founding members or from a special contribution from a third party. Clarkson is a retired teacher.

How to Start a Nonprofit Organization

She spent the last 25 years of her life teaching kids from 5 to 15 years old in different schools in the state of New York.