4 ms·
What does it mean?
by elnate 13y ago
What does it mean?
- Retric 13y agoThey can't have dividends, any profit must be reinvested or given to another non profit.
- sliverstorm 13y agoI presume it can also be spent on increased operational expenses, e.g. salary, perks, etc?
- Retric 13y agoUp to a point, there are issues if you start a non profit and then pay yourself as CEO a truly insane income.
- thaumasiotes 13y agoCan you elaborate on some of those issues? I've heard the unsubstantiated claim that the NYSE works on essentially that principle, and the much better-substantiated claim that that's what's going on with Morris Dees and the SPLC. edit: stop impugning the SCLC; correctly impugn the SPLC.
- cdash 13y agoHow about business expenses, of the fake kind of course.
- jlgreco 13y agoAs with most things, it depends on if you do it right or not. Do it right, and you're good. Make it too transparent what is going on, and you are going to get nailed.