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How Does Limited Liability Affect a Nonprofit

ASU Lodestar Center

Limited liability entities are often formed (at least in part) to protect the assets of for-profit business owners from the financial obligations of a particular business. In the case of a nonprofit, however, the entity is generally not permitted to have owners who are entitled to the profits of the organization. 26 USC § 501(c)(3).

Law 49
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Diversity recruitment key to nonprofit boards achieving mission

ASU Lodestar Center

After all, nonprofits are about people, not profits (hence, the term “nonprofits”). He grew up in Flagstaff, lived many years in Tucson and has lived in the Valley since 2005. Garcia is an executive board member of the Arizona Children's Action Alliance. People are hard to chart, while numbers are perfect for spreadsheets.

Arizona 40
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Internet Soup

Connection Cafe

For the unfamiliar, Desert Bus is a Sega CD game that involves driving a bus from Tucson to Las Vegas, in fantastically exciting real-time. Since 2007, Desert Bus for Hope has raised nearly $500,000 for Child's Play , a non-profit dedicated to improving the lives of children with toys and games in a network of over 60 hospitals worldwide.