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Darina [25.2K]
3 years ago
13

You've decided to open a nonprofit child care center. What is one of the greatest advantages of this type of program?

Health
2 answers:
Neko [114]3 years ago
7 0
D. Your program can receive tax-deductible donations and contributions.
sveticcg [70]3 years ago
4 0

Answer:

<h2>D. Your program can receive tax-deductible donations and contributions.</h2>

Explanation:

The benefits of forming a nonprofit company are:

  • Access to grants: eligible to receive public or private grants.
  • Tax-exempt status: you can apply for state or federal tax-exempt.
  • Receive tax-deductible donations.
  • Separated entity status: you can use own contracts, sue and be sued, because your company has its own name and responsibilities.
  • Credibility: people tend to trust more in organisations that aren't related with profit making, they see them as trust worthy.
  • Postal service discounts, and son on.

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