Dec 14, 2023
We’re back again with another episode and spilling the beans on a tricky, often overlooked concept - private benefit. You'll want to tune in as we break down what private benefit even IS, plus why it plays such a crucial role in nonprofit organizations.
In this episode of Charity Therapy, we answer a listener's question about setting up a dog rescue on their personal property. It's a unique situation that opens up a can of worms about private benefit. We go in-depth about the potential challenges and pitfalls this could bring. We're big believers in tough love, so prepare yourself for some brutally honest feedback and advice.
Whether you're a nonprofit veteran or just starting, don't miss this chance to learn, laugh, and possibly even cringe a little. We're always here to listen, advise, and support you on your nonprofit journey. Send us your questions, share your experiences, and don't forget - a little humor goes a long way in this sector.
In this episode, you will hear:
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What is private benefit in nonprofits
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Why it's a bad idea to set up a charity that will benefit YOU
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A listener's question about starting a dog rescue at home
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The possible legal trouble and damage to your rep if you try to gain from your nonprofit personally
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Who really owns a nonprofit (Hint: it’s not the founder!)
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Why a nonprofit organization's resources should be used for the public good - not to fill the founders' pockets
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“Tough love” and honesty to avoid future problems, even when the truth hurts
Resources from this Episode
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Episode Credits
If you like this podcast and are thinking of creating your own, consider talking to my producer, Emerald City Productions. They helped me grow and produce the podcast you are listening to right now. Find out more at https://emeraldcitypro.com Let them know we sent you.