On Today
World Nonprofit Day
Date
17 August 2021
History
Sherita J. Herring, a renowned speaker, best-selling author, and business strategist, founded National Nonprofit Day to educate, enlighten and empower others to make a difference while acknowledging those in the trenches, impacting lives every day – the Change-Makers of the World!
The Tariff Act of 1894, signed into law on August 17, imposed the first federal income tax on corporations, including exemptions for nonprofit corporations and charitable institutions. With a few modifications, nonprofit exemptions remain a solid part of the law and have served significant benefits for communities and the economy.
Meaning
On August 17th, National Nonprofit Day (NND) recognizes the goals and positive impacts nonprofits have on communities and the world.
Somewhere a volunteer reads to school children. At the same time, a patient receives steady medication. A lawyer provides legal services for low-income individuals. A lost soul’s life is remembered with dignity, thanks to a nonprofit funeral home. Elsewhere, a first-time homebuyer moves into his own home. NND reminds us that each of these scenes is possible thanks to the nonprofit sector. It’s the result of the work performed by capable people and organizations.
Through nonprofits, awareness, research, and aid reach the people who need it most. Nonprofits also generate tremendous benefits to their surrounding communities and the broader world.
For example, following the recent U.S. recession in 2012, the nonprofit sector provided 5.4% of the nation’s entire GDP (gross domestic product), or $887.3 billion. Non-profits continuously employing nurses, web developers, lawyers, computer engineers, and more (sources: John Hopkins and Tactical Philanthropy Advisors reports).
For these reasons and more, National Nonprofit Day salutes those who set out to make a difference.
= Donate to any Nonprofit
= Start your own Nonprofit
= Help a kid
Social Tags
Final Conclusion
“A non-profit organization is a group organized for purposes other than generating profit and in which no part of the organization's income is distributed to its members, directors, or officers."
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