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marcus_holmestoday at 1:20 AM1 replyview on HN

I don't think you understand how non-profits work. Essentially they are exactly the same as for-profits, except they can't issue dividends. Ownership works exactly the same as for-profit companies.

A cynical take is that non-profits are for-salary; they still pay their owners, just using other means.

edit: no, my bad, apparently I misunderstood how non-profits work in the USA. Thanks for the correction :)


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granzymestoday at 1:25 AM

This is not correct. jongjong is correct that a nonprofit does not have owners in the sense that a for-profit has owners. Nonprofits are dedicated to their mission, and are run by a board of directors.

You cannot have a % ownership in a nonprofit because its resources must be used exclusively to carry out its mission. You could have a % control in its decision making process.

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