No Profit Organization
I’m a consultant working with a 501(c)(3) organization that’s part of a very complicated, international organization, which includes a couple of c3’s, a c4, and a few standard issue for-profit entities.
Basically, it used to just be one organization, but then they decided that each of their major departments should spin off on their own. Now they all have the same president, but different staff and boards, while competing for the same money with the same mission. Makes perfect sense right?
Anyways, last week the president told us that we shouldn’t try to fundraise: “You’re a nonprofit. You’re not supposed to MAKE money.”
Why would you want one organization whose budget is 100% overhead? Beats me.
- Charles
Washington, D.C.