January 12, 2009

Fundraising Gets Creative

Headline in today's paper, but they missed one.

Non-profits should let businesses know if they have contaminated lands that they will take ownership for a nominal fee (say $1), apply for EPA grants which do not have to be back since they are a non profit and deed the land back for say $10,000.

Everyone wins:
  • the original owner gets his land cleaned up for free
  • non-profit pockets 10,000

Only who loses is the tax-payer, but who is really keep track.

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