Legal Services
Revenue Generation and Social Enterprise
While revenue generating activities (as opposed to donated income) are an increasingly critical element in the non-profit world, they are fraught with peril if done incorrectly. At The Law Firm for Non-Profits, we are experts in working with non-profits to develop earned income and other revenue sources that do not breach IRS regulations.
We support and guide people and non-profits in these areas:
- Royalty payments
- Related business income generation from activities that further your exempt purposes
- Creation of for-profit subsidiaries
- Unrelated business income generated, which generally is taxable
- Commercial activities
- Creation and management of social enterprises
- Raffles, sweepstakes and gaming (e.g., "casino nights")
- Program related investments and social investments
- Creation of hybrid non-profit – for-profit business structures to optimize mission driven "social enterprises"
