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Businesses For Sale   >>   Professional Services Businesses For Sale

Usa 501(c)3 Charity For Sale

Location  Florida,United States
Asking Price Range  $5.0M - $10.0M
Gross Revenues  $0
Net Profit / Cash Flow  $0
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  No
Year Established  2007
Number of Employees  1 - 3
Relocatable  Yes
Number of Employees  1 - 3
Real Estate  Leased
Reason for Sale  Directors have other business interests.

USA Charity with 501(c)3 status is for sale (with a website) - with a DUNS Number - 501(c) is a provision of the United States Internal Revenue Code (26 U.S.C.  501(c)), listing 26 types of non-profit organizations exempt from some federal income taxes. Charity can be converted into a Foundation and you can then even open your own bank. Since the USA passed the Patriot Act it is almost impossible to open a new Charity. 501c status allows the Charity to apply for federal grant funding. The 2 directors have other business interests and find that they do not have the time to commit to projecting the charity onto the global stage. This is a unique opportunity for a business or philanthropist to obtain a functioning Charity. Directors will sell retaining 20% of stocks.

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