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(https://www.askmehelpdesk.com/showthread.php?t=324496)
Mar 3, 2009, 01:28 PM
missjenna
Assets of a 501c3
Can a 501c3 own assets? We are listed under Educational
Thank you.
Barbara Chatham
Mar 3, 2009, 02:00 PM
ebaines
Quote:
Originally Posted by missjenna
Can a 501c3 own assets?
Of course! Schools, churches, charities etc. typically own buildings, have assets such as supplies, office equiment and vehicles, and financial assets like cash and an endowment. Why do you ask?