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by bawolff 1502 days ago
Non-profits can sell assets if its in accordance with their mission. Why wouldn't they be able to?
1 comments

They can sell them if not in accordance with their mission by paying taxes on the sale as well (UBIT). There are very few restrictions on what a nonprofit can and can’t do.

https://www.councilofnonprofits.org/tools-resources/unrelate...

in the USA ? that is absolutely not true.. could an actual experienced attorney please look into this ... I think you people are confused about "selling t-shirts" versus disposal of actual assets.
I think you're confused about what an asset is.

Be it a T-shirt, a building, or IP, if a nonprofit owns it they can sell or license it.