Business Studies, asked by pinkyjain77756, 8 months ago

origin of non profit organization​

Answers

Answered by ahervandan39
2

Answer:

In 1969, the Tax Reform Act gave us Section 501(c)3 in the Internal Revenue Service Code, which said that every charity in the U.S. that fits certain requirements is a “private foundation,” meaning they have a principal fund managed by their own trustees or directors.

Answered by shrivanshsinghal
2

Answer:

In 1969, the Tax Reform Act gave us Section 501(c)3 in the Internal Revenue Service Code, which said that every charity in the U.S. that fits certain requirements is a “private foundation,” meaning they have a principal fund managed by their own trustees or directors.

Explanation:

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