Private Benefit

202166

Term: Private Benefit

Definition:A doctrine emphasizing that nonprofit organizations are to be operated strictly for the purposes that gained them tax-exempt status. This concept goes beyond undue benefits given to insiders and covers any actions of the organization.

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CoursePage Number
18 - Intermediate Sanctions 3
World at Work
CPE Sponsors - Registry
CPE Sponsors - QAS
CAC
CCC

ERI Economic Research Institute is recognized by SHRM to offer Professional Development Credits (PDCs) for the SHRM-CP® or SHRM-SCP®