Tag: not for profit

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Running a Not-For-Profit – What is a Conflict of Interest?

Not for Profit Conflict of Interest Consider the following scenarios: A board member of a not-for-profit private school also owns a construction company.  The school uses the board member’s construction company to build a new school building. A board member of a not-for-profit athletics organization also owns a sporting goods store.  The athletic organization agrees […]

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Nonprofit Categories

Nonprofit Categories Nonprofit Categories New York’s Not-For-Profit Corporation Law contains four different nonprofit categories – A through D. The Department of State decides what category a nonprofit falls under based on the purposes the organization lists in its Certificate of Incorporation. Type A is the most general category. Type A corporations can be created for […]

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