nOrganizations that are legally nonprofit and raise a significant amount of resources from voluntary contributions or grants are ___________.

Question

Quizplus · Accepted Answer

Voluntary health and welfare organizations are a type of nonprofit organization that raises a significant amount of resources from voluntary contributions or grants. These organizations are subject to the Not-for-Profit Guide, which provides guidance on financial reporting and transparency for nonprofit organizations. Health care organizations may also be nonprofit, but not all of them rely heavily on voluntary contributions or grants. Therefore, option D is the most accurate answer.

NOrganizations That Are Legally Nonprofit and Raise a Significant Amount