Do non-profit businesses make a lot of money?
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Do non-profit businesses make a lot of money? If so, is it just from grants? How much of the grant is actually REQUIRED to go to the product and how much can go to salaries?
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Answer:
Non-profits can make millions - they can pay any salaries it takes to match earning capacity for the various jobs there are, including presidents/boards of directors and whatever - they just have to put profits into a charitable trust, and can hire someone to be in charge of trust and make distributions as they see fit.
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