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Submitted 186 days ago...

Morals378

Morals378

New User (2)

Private foundations

Can a private foundation which is nonprofit, be a subsidiary of a for-profit corporation?

 
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Submitted 138 days ago...

Morals378

Morals378

New User (2)

To respond to your question the principles believe it would be easier for them. I have however found the answer I was looking for. It cannot be a subsidiery of a for profit company because of the inurement and because of the interested parties.

 

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