So you're saying that as long as they're not a public company with shareholders they can turn a profit, despite non profit status? That seems rather a contradiction in terms. That would be no different then than any non quoted company. They all plough their profits back into the business.
John.----- Original Message ----- From: "Karl Proud" <karl@xxxxxxxxxxx>
To: <access-uk@xxxxxxxxxxxxx> Sent: Friday, November 20, 2009 8:45 PM Subject: [access-uk] Re: RNIB
Making money in one area of their business doesn't mean that they are breaking any rules. It is their full financial position which gets them a not for profit status; in other words they have to plough the money back into the business, not give it out as profits for shareholders.If you have a problem with the RNIB for doing this you are going to have thesame problem with all the rest of the non- profit sector. Cheers Karl__________ Information from ESET NOD32 Antivirus, version of virus signature database 4625 (20091120) __________The message was checked by ESET NOD32 Antivirus. http://www.eset.com ** To leave the list, click on the immediately-following link:- ** [mailto:access-uk-request@xxxxxxxxxxxxx?subject=unsubscribe] ** If this link doesn't work then send a message to: ** access-uk-request@xxxxxxxxxxxxx ** and in the Subject line type ** unsubscribe ** For other list commands such as vacation mode, click on the ** immediately-following link:- ** [mailto:access-uk-request@xxxxxxxxxxxxx?subject=faq] ** or send a message, to ** access-uk-request@xxxxxxxxxxxxx with the Subject:- faq
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