Purchase Solution

501(c)(3) designation for a NPO

Not what you're looking for?

Ask Custom Question

Can you describe at least two strengths and two limitations of obtaining 501(c) (3) designation for a NPO? Would you provide specifics please?

Also can you explain whether or not 501(c) (3) status would have an overall benefit for an NPO and why?
References please. Thanks for your thoughts

Purchase this Solution

Solution Summary

This detailed solution discusses two strengths and two limitations of obtaining 501(c)(3) designation for a NPO. And explains whether or not 501(c)(3) status has an overall benefit for an NPO and why. Includes APA formatted references.

Solution Preview

Hope this helps- please let me know if you have questions

Can you describe at least two strengths and two limitations of obtaining 501(c) (3) designation for a NPO? Would you provide specifics please
Also can you explain whether or not 501(c) (3) status would have an overall benefit for an NPO and why.
References please? Thanks for your thoughts

By obtaining a 501(c) (3) designation for a non-profit organization, the organization is able to gain greater legitimacy and also, donors are able to make tax-free donations. A 501 (c)(3) designation shows that the non-profit organization is more permanent, the individuals involved have taken the time to jump through the various bureaucratic hoops to verify ...

Solution provided by:
Education
  • BA, University of Southern California
  • MSS, United States Sports Academy
  • Ed.D, Boise State University
Recent Feedback
  • "Thk u"
  • "Thank you!:)"
  • "Thank you!:)"
  • "Thank you!:)"
  • "Thank you!:)"
Purchase this Solution


Free BrainMass Quizzes
SWOT

This quiz will test your understanding of the SWOT analysis, including terms, concepts, uses, advantages, and process.

Academic Reading and Writing: Critical Thinking

Importance of Critical Thinking

Motivation

This tests some key elements of major motivation theories.

Paradigms and Frameworks of Management Research

This quiz evaluates your understanding of the paradigm-based and epistimological frameworks of research. It is intended for advanced students.

Writing Business Plans

This quiz will test your understanding of how to write good business plans, the usual components of a good plan, purposes, terms, and writing style tips.