The History of the Non Profit | AAA Awnings Mobile Home Blog

Typically there is two chief designations for companies in the U. S. including the IRS 501c3. One that most are familiar with is the for profit company. A for profit business is one that exists for one reason, to make a profit. The second, and equally known company is an IRS 501c3. The IRS 501c3 also exists for one reason, to do charitable work. Both are vital and each are unique in the way they operate and the jobs they do. You?ve come to this piece of writing because you wish to know a lot more about a not for profit organization. Read on and we shall explore the world of the non-profit IRS 501c3 organization.

The non profit business has been in existence for over 700 years and the oldest nonprofit in the world still operating is National Confederation of the Italian Misericordie (Mercies), the oldest voluntary service group which still exists. It is found in Florence, Italy and dates back to 1244 and its influence is from Christianity.

At the beginning, nonprofit organizations were called and know as a Confraternity. Confraternities can be traced to the first Christian communities. Christianity grew and prospered thru community and series of associations. This was contrary to the social disintegration which was occuring all around it. This community is explained in the book of Acts of the Apostles in the Holy Bible. Each of these communities (associations) were molded by its meeting, its regulations, its members and its funding; along with its part of the religious and professional Confraternities federation. In the beginning, the institutions did not like or accept the Confraternities and placed difficulties in their way looking to disband them. Finally they became accepted and took on the composition of the Roman?colegi?, keeping them linked with the evangelic brotherhood. Nonprofit service organizations literally came from social and non secular traditions by the collusion of the Christian citizens living life together. They learned how to put others? desires before their own and that transmittable behavior birthed what we know today as Nonprofit work. (?Jubilaum Internationale Confraternitatum ? Acta?, Don Vincenzo Paglia, Roma 1984.)

A modern IRS 501c3 nonprofit starts by incorporating in the state in which it intends to do business. A non profit can file for tax exemption giving it IRS 501c3 designation, which also enables its donors the option to omit contributions given to it from their annual tax requirements to the IRS. An IRS 501c3 non profit is permitted to earn a decent profit, called a surplus, however the profit has to be used by the non profit on itself and its programs, unlike a for profit company which issues stock and pays dividends.

An IRS 501c3 nonprofit is owned and controlled by a board. A lot of the nonproft?s board cannot be related and controls all sides of the charitable organization. While there may be a director and other workers, unlike a for profit company, the board members are its governance. In addition, the IRS 501c3 board can not gain personally in any way that is taxable from the charity.

Most individuals are most acquainted with charitable non-profit organisations whose activities stay centered around charitable, non secular and instructional goals. These nonprofits selflessly serve others in several capacities where they can?t help themselves. Many who serve in these nonprofit organisations are the unsung heroes of present day.

From unpretentious origins inspired by a community of Christians caring for one another, to present day where amounts of uncountable billions of funding dollars are given and controlled by IRS 501c3 organizations, charitable nonprofits are literally on the front lines of society much like they were in religious history. In an era where the rich are showered with praise for their personal achievements, the IRS 501c3 nonprofit continues steadfastly changing the world in formidable and astounding acts.

Learn more about the IRS 501c3 and how you can start one. Click Here ?->> http://www.SimpleNonprofit.com Scott Michael Ringo, an entrepreneur, is known worldwide as the nonprofit Guru and expert fundraiser as he helps others simply start and fund non profit organizations all over the world. By his work with nonprofit organizations around the world he helps individuals start and run successful non-profit organizations. He?s a legacy builder and will help you build your non profit legacy.

Source: http://www.aaa-awnings-inc.com/blog2/?p=2857

colin farrell trigeminal neuralgia trigeminal neuralgia malwarebytes gma nigeria emma stone