Special Legal Status

  • David E. Mason
Part of the Nonprofit Management and Finance book series (NOMA)


Voluntary enterprises enjoy a special legal status. This may be their most taken-for-granted characteristic. Except for informal organizations and small short-term enterprises, most voluntary enterprises are constituted as nonprofit corporations. Since they provide a public service and money is only a means to them and not an end, the government grants them a status that sets them apart from enterprises that seek profits. They enjoy advantages such as freedom from taxation. Contributions to many of them are tax-deductible. In many cases, such organizations are not subject to as many regulatory restrictions as profit-seeking firms. So they are relieved of some of the burdens under which commerce and industry must labor. A businessman will quickly agree that this is an advantage that the not-for-profit executive might not fully appreciate.


Nonprofit Organization Voluntary Sector Private Foundation Internal Revenue Voluntary Enterprise 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.


Unable to display preview. Download preview PDF.

Unable to display preview. Download preview PDF.

Copyright information

© Plenum Press, New York 1984

Authors and Affiliations

  • David E. Mason
    • 1
  1. 1.Supportive Services, Inc.New OrleansUSA

Personalised recommendations