Traditionally, the divide between a for-profit or nonprofit organization was clear: for-profit businesses would engage in revenue generation and nonprofits would engage in charitable work to solve social issues and would largely stay away from revenue generation. The...
A common misconception is that 501(c)(3) tax-exempt nonprofit organizations cannot engage in legislative advocacy, or lobbying. While nonprofit lobbying laws strictly prohibit tax-exempt nonprofit organizations from supporting or contributing to a political candidate,...
Nonprofit organizations are finding it more and more challenging to access much needed capital to carry out their mission-related activities. With increasing competition for a decreasing supply of grants from institutions and the government, nonprofits have had to get...