Viewing a single comment thread. View all comments

daking213 t1_jdixjno wrote

Non profit inherently means there are no shareholders and therefore no “ownership,” meaning any additional endowment left over is not split amongst the “ownership” in the form of profit as you suggested earlier.

The salaries its board makes are considered “administrative costs” just like the administrative costs needed to cover the salaries of public school boards, and as a result of their non-profit status are public and auditable.

−3

drpvn t1_jdqzr6m wrote

Some real dimwits in this thread.

2