I. Members subscription II. Fines from members III. Donation IV. Loan from bank
From the information above, sources of income for a Not-for-profit-making organization include
A. I,III,IV B. I,II,III C. I,II,IV D. I and IV
Correct Answer: B
Explanation
[b]Nonprofits can and do use the following sources of income to help them fulfill their missions:[/b]
Fees for goods and/or services. Individual donations and major gifts. Bequests. Corporate contributions. Foundation grants. Government grants and contracts. Interest from investments. Loans/program-related investments (PRIs)
