Why NFPs Dont Work

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Revision as of 12:17, 17 October 2022 by WikiSysop (talk | contribs) (Created page with "This is nothing new, benevolent Not For Profits (NFPs) such as GreenPeace and WWF have been operating since the 60's, however they have been extremely unsuccessful in creating change. There are many reason for this, one is their governmental status which exempts them from Income and Corporation Tax, leads them to operate in an extremely slow and conservative manner. This is because instead of fiduciary duty pushing their productivity, they work in the fear of pissing off...")
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This is nothing new, benevolent Not For Profits (NFPs) such as GreenPeace and WWF have been operating since the 60's, however they have been extremely unsuccessful in creating change. There are many reason for this, one is their governmental status which exempts them from Income and Corporation Tax, leads them to operate in an extremely slow and conservative manner. This is because instead of fiduciary duty pushing their productivity, they work in the fear of pissing off the State and having their Tax Exemption Status revoked, which would lead to a massive reduction in income and threaten their survival. Lastly, NFPs in the absence of the persuit of profit become people and cost heavy becoming inefficient, some estimate between 30%-80% of donations to NFPs are swallowed up before they go anywhere near their destination.

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