I. Members subscription II. Fines from members III. Donation IV. Loan from bank From the…

I. Members subscription
II. Fines from members
III. Donation
IV. Loan from bank

From the information above, sources of income for a Not-for-profit-making organization include

  • A.
    I,III,IV
  • B.
    I,II,III
  • C.
    I,II,IV
  • D.
    I and IV
Correct Answer: Option B
Explanation

Nonprofits can and do use the following sources of income to help them fulfill their missions:

  • Fees for goods and/or services.
  • Individual donations and major gifts.
  • Bequests.
  • Corporate contributions.
  • Foundation grants.
  • Government grants and contracts.
  • Interest from investments.
  • Loans/program-related investments (PRIs)
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