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Always a risk. Public charities don't let anyone have more than 20% voting control. Tricky one to navigate.
by vmception 5y ago
Always a risk. Public charities don't let anyone have more than 20% voting control. Tricky one to navigate.
- ragnot 5y agoIs that a law or just a standard that people follow? Not trying to be snarky, genuinely curious.
- vmception 5y agoPublic Charity regulation by IRS to achieve and maintain tax exempt status. Public Charity is a subset of possible non-profits and possibly 501(c)3 organizations. I'm writing that because colloquially all the terms are used interchangeably, as synonyms, but they are not.