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This is great news
Just renewed at $200 for a 2 year subscription. Wonder if I can make it tax deductible.
I never thought of that. Thanks for the idea
For it to be tax deductible it needs to be a donation to a registered 501©(3) where no goods or services were received in exchange for the donation.
Good to know, thank you!
Mmm…I haven’t read the article yet (will do!), but why should the owner of a profitable company make it unprofitable? 🤔
Being a non-profit is only “unprofitable” in so much as it won’t enrich anyone. But they do usually operate in the black. The original owner(s) just aren’t interested in selling out/cashing in, so they have reworked the company so that all profits are reinvested into the mission.