The Brown Foundation gave a local nonprofit organization a $1million endowment. This is an example of what type of revenue source?
A) Earned income
B) Philanthropic gift
C) State grant
D) Fee for service
Correct Answer:
Verified
Q24: Buildings, vehicles, and equipment are considered fixed
Q25: Brandy's organization has leased its office space.
Q27: A nonprofit board of directors is working
Q30: A board of directors may withdraw funds
Q30: A nonprofit CEO is comparing the amount
Q31: How do nonprofit organizations measure their success?
A)
Q32: Endowment management is governed by state law.
Q32: Maxine is preparing a supplemental note explaining
Q33: An information technology specialist told a CEO
Q34: The CEO of a nonprofit organization and
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