Title: Philanthropic Organizations - Personal Finance and Fundraising HQ
Headings: Philanthropic Organizations
Philanthropic Organizations
Table of Contents
The Historical Transformation of Philanthropic Organizations
Types of Philanthropic Organization
Animal charities:
Environmental charities:
Education charities:
Arts and Culture charities:
International nongovernmental organizations:
Health charities:
Funding
Legal Restrictions
Tax Exempt Status
Conclusion

Content: Funding
While it is believed that philanthropic organizations depend solely on donations from members of the public, this isn’t always the case. Many charities obtain funding through diverse means. These include returns on investments, services, and partnerships. Depending on the organization, government grants could be substantial. Fundraising and donations are popular but don’t form the entirety of their funding source. Legal Restrictions
While a charity organization might have great intentions, they might hit a brick wall if they don’t fulfill certain requirements. Regardless of a philanthropic organization’s great plan to couple the running of a business and pursuing charitable causes, there are restrictions on what they can venture into. Also, while the relevant regulations do not completely ban business activities, the charity organization is expected to guide against making wrong investment decisions that could endanger the actual intent behind the nonprofit’s creation. Tax Exempt Status
Contrary to popular opinion, not all philanthropic organizations enjoy a tax exempt status. In the US, every charitable organization interested in such a status would have to conform to the dictates of the Internal Revenue Code.