Providing nonprofit executives, board members, managers, staff and volunteers with practical "how-to" strategies to help their organizations be more effective
Visit tsne.org for more information.
Bruce Hopkins in 650 Essential Nonprofit Law Questions answered takes a different perspective (Q1:4). He writes:
“the law uses the term not-for-profit to apply to an activity rather than an entity. For example, the federal tax law denies business expense deductions for expenditures that are for a non-for-profit activity. Basically, this type of activity… is essentially a hobby.”
I’m wondering how you would respond to his interpretation?
Please log in using one of these methods to post your comment:
You are commenting using your WordPress.com account. ( Log Out / Change )
You are commenting using your Twitter account. ( Log Out / Change )
You are commenting using your Facebook account. ( Log Out / Change )
You are commenting using your Google+ account. ( Log Out / Change )
Connecting to %s
Notify me of new comments via email.
Notify me of new posts via email.
Get every new post delivered to your Inbox.