March 12, 2024
Nonprofit startup incubators and other entrepreneur support organizations can encounter challenges with funding and financials. Many incubators wish to explore whether there may be additional sources of revenue that incubators can seek consistent with their nonprofit status. This webinar will reveal how nonprofit incubators can navigate rules governing 501(c)(3) organizations, and others, in generating various types of revenue.
Join Jonathan Klavens, Frans Wethly and Samantha Rothberg from Klavens Law Group, P.C. on April 4th from 11:00 am - 12:00 pm as they discuss how nonprofit incubators can navigate rules governing 501(c)(3) organizations in generating various types of revenue. The Klaven team provides legal services to a broad array of for-profit and nonprofit social enterprises, and advises nonprofit organizations on formation, corporate governance and transactional issues.
This webinar will cover:
- Key 501(c)(3) rules relating to fee-for-service income, sponsorship income, and other types of income
- What this means in practice for an incubator seeking to go beyond grant revenue and fixed membership fees
- How an incubator can manage business risks associated with alternative sources of revenue
- Q&A