ModeratorFebruary 1, 2023 at 1:19 pm
Hi! This is Ruth chiming in!
Some people expressed concern about UBIT yesterday when we were talking about earned income. UBIT is “unrelated business income” which can create problems of a number of kinds for nonprofits BUT the key word there is “unrelated.” We’ll go back to UBIT requirements and issues later in this series but this example is great because it just exhibits another revenue producing avenue to actively enact your mission. There is much written and researched about this but are there other examples participants have for:
1, successful earned income efforts that have stood the test of time? or
2. Earned income programs that have fizzled for one reason or another?
I will also ask Hilda if she has an example or two.