The Value of Contracts

In a recent commentary published by the Philadelphia Inquirer, I suggested that we might consider issuing a “learner’s permit” to brand new nonprofits. This would give them time to get their footing, make their mistakes and assess their viability, before becoming bona-fide nonprofits. When the learner’s permit is about to expire, the nonprofit would have a review (the test) to determine if it had learned enough and gained enough experience to make it worthy of the public trust (and tax-exempt status).

This fits quite Read more