Usa 501(c)3 Charity For Sale

www.GlobalBX.com

Listing ID: 700114018

Listing Title: Usa 501(c)3 Charity For Sale

Quick Link: http://www.globalbx.com/listing.asp?bId=114018

Industry: Professional Services

Industry Segment: Other Professional Services

Country: United States

State / Province: Florida

Area

City: Palm Bay

Asking Price Range: $5.0M - $10.0M

Gross Revenues: Seller Will Provide

Cash Flow: Seller Will Provide

Cash Flow Type: Sellers Discretionary Cash

Year Established: 2007

Number of Employees: 1 - 3

Business Description:
USA Charity with 501(c)3 status is for sale (with a website) - with a DUNS Number - 501(c) is a provision of the United States Internal Revenue Code (26 U.S.C. § 501(c)), listing 26 types of non-profit organizations exempt from some federal income taxes. Charity can be converted into a Foundation and you can then even open your own bank. Since the USA passed the Patriot Act it is almost impossible to open a new Charity. 501c status allows the Charity to apply for federal grant funding. The 2 directors have other business interests and find that they do not have the time to commit to projecting the charity onto the global stage. This is a unique opportunity for a business or philanthropist to obtain a functioning Charity. Directors will sell retaining 20% of stocks.



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