Subject: Not-for-profit status
Is it possible for a non-profit institution to raise revenue by performing conservation treatments for other institutions, without threatening the non-profit status? I understand this is being done in some for-profit institutions. Conservation treatments are provided to other institutions at a rate that is higher than the cost of treatment, and the extra money is used to help support conservation treatment on their own objects. We would like to start a program like this at my institution, but there are fears that it will endanger our non-profit status. I would be very happy to hear from anyone who has already solved this problem. **** Moderator's comments: In responding, please bear in mind that the DistList is an international forum; national laws and international agreements may be significant here. Also, I'll welcome responses that address other issues than the legality of doing this kind of work (e.g. effect on the local institution, fairness, etc.) Kenneth P. Eschete Northwestern University Evanston IL *** Conservation DistList Instance 13:34 Distributed: Sunday, December 12, 1999 Message Id: cdl-13-34-009 ***Received on Saturday, 4 December, 1999