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The title of the article, which is “Private Foundation vs. Public Charity: Spot the Difference.”

Private Foundation vs. Public Charity: Spot the Difference

When starting a 501(c)(3) organization, there are generally two choices for classifying the organization: private foundation or public charity. Public charities represent the largest share (72%) of active, 501(c)(3) organizations. Their purpose is to perform charitable work, while private foundations…

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Can A Nonprofit Change Its Mission?

Healthy things grow.  That goes for both people and organizations.  All but the smallest of businesses grow and evolve over time.  Often it is a necessity to keep up with changes in the business environment, regulatory change, or simply changes…

Top 5 BEST Reasons to Start a Nonprofit

Top 5 BEST Reasons to Start a Nonprofit

Work with startup nonprofits for as long as we have, and you’re bound to hear virtually every idea someone could come up with.  We had a lot of fun in our last post exploring the terrible ideas people have that…

How the IRS Defines Charitable Purpose

How the IRS Defines Charitable Purpose

When you hear the term nonprofit, the first thing that typically comes to mind is a charity, or 501(c)(3) organization.  That’s for good reason, since roughly 78% of all tax-exempt organizations are exempt under IRC Section 501(c)(3).  The remaining 22% consists…

What Is A 501(c)(7)

What Is A 501(c)(7)?

We are continuing our multi-article series on the other nonprofits…and by other I mean those that are not charitable in nature.  So far we’ve explored social welfare nonprofits and business leagues.  Today’s post examines the third most common type of…

What is a 501(c)(6)?

What Is A 501(c)(6)?

Many people are not aware there are nonprofits organized as a 501(c)(6), at least not enough to recognize them for what they are.  The 501(c)(3) charitable nonprofit is so engrained in their consciousness, they don’t realize there are other categories. …

50 Yard Line On Football Field

50 Nonprofit Facts and Statistics

Most people, or at least me, like lists of facts. Like the height of Mount Everest is 29,032 feet high. Although it was considered to be 29,028 feet high until December of 2020, when the official height was changed. Facts…

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