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Unformatted text preview: person or business owner, e.g., group life insurance, health insurance, payments of medical expenses and approved corporate pension and retirement plans. Some stores and businesses give a discount to nonprofit corporations and employees of nonprofits. Some publications give an advertising discount to nonprofit organizations. All Property owned by Not for Profit. 9. A nonprofit organization (even a church) needs 501 (c)(3) status to obtain food from a government food bank. 10. Once your organization secures tax-exempt status, it is permanent. You don't have to go back and renew it, ever....
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This note was uploaded on 10/05/2010 for the course ARTM 360 taught by Professor Wentworth during the Fall '09 term at CofC.
- Fall '09