4 ms·
I'm not an expert in this, but maybe the LLC is easier to setup and since it doesn't have fundraising, the money isn't taxable so it doesn't need to be a 403b.
by wtvanhest 7y ago
I'm not an expert in this, but maybe the LLC is easier to setup and since it doesn't have fundraising, the money isn't taxable so it doesn't need to be a 403b.
In other words, its more like a trust than a non-profit. To expand, non-profits are created to raise money for a cause, not just give it away.