Article Archives >> To the Point
Can a for-profit have a nonprofit subsidiary?
Yes. For-profits often create wholly-controlled nonprofits to serve as private foundations for their philanthropy. It is less likely, thought not illegal, that a for-profit would create a nonprofit subsidiary for other purposes. The IRS would carefully scrutinize such an arrangement for possible private inurement or private benefit to the parent for-profit organization.
Article Archives >> To the Point
Nonprofit Mergers, Acquisitions and Affiliations
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With pressure mounting on nonprofits to consider affiliations with other organizations, this workshop is designed to help you better navigate the world of mergers, acquisitions and affiliations. Unlike the corporate world, there are no financial "matchmakers" to help nonprofits identify successful partners for a merger. Learn more in our pre-recorded webinar.
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