[access-uk] Re: RNIB

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 the 
same 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





** 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

Other related posts: