We’re back again with another episode and spilling the beans on a tricky, often overlooked concept - private benefit. You'll want to tune in as we break down what private benefit even IS, plus why it plays such a crucial role in nonprofit organizations.
In this episode of Charity Therapy, we answer a listener's question about setting up a dog rescue on their personal property. It's a unique situation that opens up a can of worms about private benefit. We go in-depth about the potential challenges and pitfalls this could bring. We're big believers in tough love, so prepare yourself for some brutally honest feedback and advice.
Whether you're a nonprofit veteran or just starting, don't miss this chance to learn, laugh, and possibly even cringe a little. We're always here to listen, advise, and support you on your nonprofit journey. Send us your questions, share your experiences, and don't forget - a little humor goes a long way in this sector.
What is private benefit in nonprofits
Why it's a bad idea to set up a charity that will benefit YOU
A listener's question about starting a dog rescue at home
The possible legal trouble and damage to your rep if you try to gain from your nonprofit personally
Who really owns a nonprofit (Hint: it’s not the founder!)
Why a nonprofit organization's resources should be used for the public good - not to fill the founders' pockets
“Tough love” and honesty to avoid future problems, even when the truth hurts
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