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Can a Nonprofit Corporation engage in For-Profit Pursuits?

April 26, 2017corporation engage for-profit nonprofit Pursuits

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Can a Nonprofit Corporation engage in For-Profit Pursuits?

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AYes, regular commercial business activities can also be used to finance nonprofit operations. However, to avoid jeopardizing the nonprofit’s federal 501(c) (3) tax exception, these profit-making activities must be incidental sidelines, not substantial operations, of the nonprofit organization.