Nonprofit Funding
/ˌnɑnˈprɑfɪt ˈfʌndɪŋ/
Definitions
- (n.) Monetary resources provided to nonprofit organizations to support their mission-driven activities.
The nonprofit funding received enabled the charity to expand its educational programs.
- (n.) Legal and financial mechanisms by which nonprofits secure revenues, including grants, donations, and government subsidies.
Understanding the legal requirements for nonprofit funding helps organizations maintain compliance with tax laws.
Forms
- nonprofit funding
Related terms
See also
Commentary
Nonprofit funding involves diverse sources and legal considerations, including restrictions on use and tax implications; clear documentation is essential to ensure compliance.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.