12-03-2009, 09:56 AM
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Saratoga
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Join Date: Mar 2007
Posts: 19,918
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Quote:
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Originally Posted by DaTruth
"One of the problems facing Pittsburgh, and other municipalities with a large presence of nonprofit institutions, is that much of the property within city limits is tax-exempt. Pittsburgh officials say about 40% of its property is tax-exempt."
Many nonprofits exist solely to provide a source of income to those who organize one. You can really hit the jackpot if your nonprofit can somehow tap into govt funding.
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