Today is National Nonprofit Day

“The Tariff Act of 1894 signed into law on August 17, imposed the first federal income tax on corporations, which included 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, both for communities and the economy.  The Registrar at National Day Calendar declared National Nonprofit Day to be observed annually in 2017.”

darryll k. jones