Reference no: EM133234123
True or False:
1. One of the ways that nonprofit organizations differ from for-profit corporations is that for nonprofit profits or dividend is distributed the Board of Trustees
2. Nonprofits are generally dependent on the government for its sources of fund
3. 501(c)(3) organization are charitable nonprofits that are tax-exempt themselves and also eligible to receive gifts that are tax deductible for the donors
4. A nonprofit classified as 501 (c)(3) can support candidates for public office as long as these are declared openly in its Form 990
5. The Fourth Sector is commonly used to refer to an emerging trends where Nonprofit, Profit and Public Sector work together for collective impact to achieve common social objectives
6. Only individuals donate to nonprofit. Corporations do not and have no reasons for such philanthropic or charitable acts
7. Resource development planning is process-focused and is concerned with ways you engage your community and other stakeholders in deliberately building your program and agency capacity
8. The most common forms of capital campaign donation are charitable bequests, charitable gift annuities, and charitable trusts
9. A case statement is a particular expression of the case. It focuses on or highlights critical factors important in arguing for gift support
10. The CEO of the nonprofit is the principal person responsible for fundraising in the nonprofit organization
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