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We will discuss various ways to audit and monetize your nonprofit's intellectual property and other valuable skills and assets. The applicable tax and other legal rules applicable to the creation and implementation of new ventures allow for a wide variety of structures, from keeping it "in house" to creating corporate subsidiaries and joint ventures. Come and consider how to efficiently develop and implement new operations and revenue streams in ways that make sense for your organization.
Learning Objectives:
Conduct an "audit" or your organization's intellectual property and other marketable skills and underutilized assets.
Understand the myriad ways that a nonprofit can conduct tax-exempt and for-profit ventures alike.
