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Are there laws and regulations that govern purchasing procurement for NPOs?

April 26, 2017govern Laws NPO procurement purchasing regulations

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Are there laws and regulations that govern purchasing procurement for NPOs?

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Answer This forum is only for federal tax questions regarding 501(c)(3) public charities as I have explained in my profile. The IRS only requires that the organization do what is most favorable for the organization and not to otherwise consider “private benefit” of corporation insiders. If you are interested specifically in regulations relating to purchases from insiders, let me know and I will respond further.