Saturday, April 18, 2009

For Profit or Non Profit:

So after some deliberation the Pink Elephant Project is going to be a for profit corporation.   As much as I would like to be able to receive grant money it seems to make more sense growing this community organically and relying on the members of the community contributing financially in exchange for goods and services.   Most of the activities of the project, classes, consultations, publications, and merchandise all fall under "non related activities" and are taxable.   

As the project grows we will set up a foundation that will support children's advocacy organizations and related non-profits that deal with difficult social issues where the courage and commitment to communicate are an essential part of the fulfillment of their mission.  

Here's an interesting article from the NYT:  Social Solution Without Going the Non-Profit Route

139 members of the Facebook Group this morning!  

If you haven't joined...come join the fun!  

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