5 ms·
The only contradictions here are basically every commenter contradicting your (obviously incorrect) assertion that non-profits cannot sell assets to for-profit
by cmeacham98 5y ago
The only contradictions here are basically every commenter contradicting your (obviously incorrect) assertion that non-profits cannot sell assets to for-profit entities in the US.
When you make the claim, you are generally expected to provide proof, yes that's how it works.
- mistrial9 5y agostart here? https://www.irs.gov/charities-non-profits/private-foundations/transfer-of-assets-to-a-public-charity-private-foundation-termination https://www.irs.gov/charities-non-profits/private-foundation...
- cmeacham98 5y agoCan you please quote the part of that document that you think substantiates your claim? All I found was unrelated information about the "termination of a private foundation". The words 'sale' and 'sell' appear zero times in the whole page.