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Are Social Enterprises Viable Models for Funding Nonprofits?

ASU Lodestar Center

The traditional method of receiving tax-deductible donations is to file for 501(c) status with the Internal Revenue Service, an application for 501(c)(3) status designed for a religious, charitable, or educational purpose. Helms founded Goodwill in 1902, described it as an “industrial program as well as a social service enterprise.”

Model 53