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    missjenna's Avatar
    missjenna Posts: 1, Reputation: 1
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    #1

    Mar 3, 2009, 01:28 PM
    Assets of a 501c3
    Can a 501c3 own assets? We are listed under Educational

    Thank you.
    Barbara Chatham
    ebaines's Avatar
    ebaines Posts: 12,131, Reputation: 1307
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    #2

    Mar 3, 2009, 02:00 PM
    Quote Originally Posted by missjenna View Post
    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?
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