Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Tax, SDIRAs & Cost Segregation
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 4 years ago,

User Stats

2,082
Posts
1,043
Votes
Ibrahim Hughes
  • Real Estate Consultant
  • Bloomfield, NJ
1,043
Votes |
2,082
Posts

Non Profit used as Conduit for a For Profit Entity?

Ibrahim Hughes
  • Real Estate Consultant
  • Bloomfield, NJ
Posted

Hi everyone. In addition to real estate investing I also run a nonprofit youth mentoring organization. any CPAs out there who can answer the following question ?

Can our Non Profit legally serve as a "conduit" for a for profit company?  we've been approached by a for-profit company who's owner has been supporting our nonprofit organization for many years (we've been in existence for 20 years). The Money given to the For Profit company (via our non profit) woukd be used to "save their business" during this Covid-19 shutdown. They are not an essential business.  If so, can we be compensated by the For Profit business for serving as the conduit ? any direction anyone can give me on this is very much appreciated.

Loading replies...