What should nonprofits consider if planning to finance pledges?
If your organization is seeking to solicit support for an upcoming project through a fund-raising campaign, these are some of the most important issues to consider in looking to leverage gifts: (1) enforceability of pledges in your legal jurisdiction; (2) duration of pledge receivables; (3) the level of pledge support versus the level of debt contemplated; and (4) whether or not your organization is looking to use tax-exempt debt financing tools. Return to Top Why create an ESOP? ESOPs are created for many purposes. For NCB customers, the primary reasons are to diversify the selling shareholder’s investment in the company, and to give employees a stake in the company, ensuring a succession plan is in place for the company’s owner(s). Return to Top Cooperative ExpansionDo co-ops pay taxes? Cooperatives pay taxes similar to other business entities. In fact, cooperatives generally pay under the same rules and regulations and at the same rates as other business organizations. Cooperatives
