"Nonprofit?"

What does Nonprofit mean anyway?

“Nonprofit” organizations refer to organizations that are granted a tax-exempt status by the Internal Revenue Service. There are 23 different tax-exempt categories but the largest category is what we refer to as “501(c)(3)” or “charitable” or “public benefit” organizations. Other categories of nonprofits include mutual benefi t organizations such as homeowner and trade associations, and labor unions. There are different tax rules for the different categories. For 501(c)(3) organizations, tax exempt means that for the most part these organizations do not pay income tax and donations made to them are tax deductible by the donor.

Philanthropy in 4 minutes!

A charity leader in Seattle has assembled a short video laying out the impact of the nonprofit world, a film that he believes can help other nonprofit executives spread the word about philanthropy’s economic value.

View “Know Your Sector” by Ben Klasky
and read "All about Philanthropy in less than 4 minutes" by Heather Joslyn.

Expert Connections

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Best Practices Library for Nonprofits

The best practice library consists of applied projects that were completed by students in the masters program for, and in collaboration with, a variety of nonprofit organizations. Our online library will continue to grow as students create or revise corporate by-laws, personnel policies, volunteer manuals, board manuals, fundraising plans, financial management systems plans and information technology plans.

New Pro Bono Service:
Ask an Expert

Stanford Social Innovation Review (SSIR) and the Stanford Graduate School of Business Alumni Consulting Team (ACT) have teamed up to answer your questions about managing nonprofits.
Ask an Expert