Presenter: Don Kramer, Counsel, and Chair of Montgomery McCracken’s Nonprofit practice group
Diversifying an organization’s revenue sources is key to financial sustainability. A growing number of nonprofits are achieving this goal by starting income-producing ventures or product lines. But such efforts can expose a nonprofit to serious legal, as well as economic, risks. This webinar explores the unrelated business income tax (“UBIT”), how to define it, how to avoid it, and how to wisely deal with the consequences of having “too much” of it.