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Why do many nonprofits choose 501(c)3 status?

Though there are multiple business structures available to charitable startups, most choose to pursue 501(c)3 status over other alternatives. According to Forbes, more than 1.6 million nonprofits are 501(c)3 organizations and include environmental groups, food banks,...

Nonprofits 2020 and Beyond — Survive or Thrive?

Nonprofits and tax-exempt organizations in the new decade will encounter an intensifying call for innovation and transparency. Charitable needs, locally and worldwide, appear to outpace population growth. With limited resources and ever-growing demands, longterm...