{"id":2127,"date":"2023-09-02T01:29:13","date_gmt":"2023-09-02T05:29:13","guid":{"rendered":"https:\/\/businesslaw.hpindiana.law\/blog\/?p=2127"},"modified":"2023-11-28T13:41:56","modified_gmt":"2023-11-28T18:41:56","slug":"who-owns-a-nonprofit-corporation","status":"publish","type":"post","link":"https:\/\/www.hpindiana.law\/business-blog\/who-owns-a-nonprofit-corporation\/","title":{"rendered":"Who owns a nonprofit corporation?"},"content":{"rendered":"

\"Non<\/a>The answer to that question is remarkably simple but surprising to many: No one owns a nonprofit corporation. To understand why that is so, let’s compare nonprofit corporations<\/a> to for-profit or business corporations<\/a>.<\/p>\n

Business Corporations<\/strong><\/p>\n

Imagine you buy 100 shares of common stock in a corporation on the New York Stock Exchange.\u00a0 Congratulations!\u00a0 You’re a shareholder.\u00a0 Your 100 shares of stock give you specific economic and noneconomic rights.<\/p>\n

Continue reading \u203a<\/a><\/div>\n","protected":false},"excerpt":{"rendered":"

The answer to that question is remarkably simple but surprising to many: No one owns a nonprofit corporation. To understand why that is so, let’s compare nonprofit corporations to for-profit or business corporations. Business Corporations Imagine you buy 100 shares of common stock in a corporation on the New York Stock Exchange.\u00a0 Congratulations!\u00a0 You’re a […]<\/p>\n","protected":false},"author":3,"featured_media":2135,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[14,1],"tags":[49,54,61,63],"class_list":["post-2127","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-non-profit-organizations","category-uncategorized","tag-members","tag-nonprofit-corporations","tag-shareholders","tag-tax-exempt-organizations"],"yoast_head":"\nWho owns a nonprofit corporation? — Indiana Business Law Blog — September 2, 2023<\/title>\n<meta name=\"description\" content=\"The answer to that question is remarkably simple but surprising to many: No one owns a nonprofit corporation. To understand why that is so, let's compare — September 2, 2023\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.hpindiana.law\/business-blog\/who-owns-a-nonprofit-corporation\/\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Michael R. Smith\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Who owns a nonprofit corporation? — Indiana Business Law Blog — September 2, 2023","description":"The answer to that question is remarkably simple but surprising to many: No one owns a nonprofit corporation. 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