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Showing posts with the label government charted non-profit

Transparency and the Quasi-Public Corporation.

TWEET THIS ! http://goo.gl/YgfpJ1 I have been again looking  for information on the amount of taxpayer money invested in government chartered private non-profit organizations, such as the SEGF (since 2014 known as The Maine Venture Fund), and once again I have come up with nothing. These organizations are so dispersed and intertwined with one another that even if one can find mention of an occasional sum of money invested it is as if finding one little piece of a jig saw puzzle. A few years ago I read The Non-Profit Economy by Burton Weisbrod . Weisbrod discussed three distinct economic sectors- government, private and non-profit. but I do not recall a mention of non-profit corporations which are charted by government legislatures. However there was a lengthy discussion about  entities that have a for-profit part and a non-profit part, with instances found where all expenses would be allocated to the for-profit part of the entity, thereby reducing the tax burden of the for-pro