A FOCUS ON NON-PROFIT ORGANIZATIONS
C
orporate America is largely driven by the profit
incentive: a business should bring in more money
than it spends so the owners can keep the profit.
There are other organizations – charitable,
religious, healthcare, educational, publically governed, and
so on — which choose to relinquish their surplus revenues to
advance a specific mission. Since these non-profit organizations
generally serve the community, they earn some tax advantages
from the government to incentivize and protect them.
The standards for business management, retirement planning,
benefit planning, and ancillary operations generally follow the
precedents set by the traditional for-profit corporate entities.
However, there are some unique elements — positive and )