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the irs has all sorts of rules about what your nonprofit can and cant do and still maintain its 501c3 status but theres also a question of who can do things within your nonprofit well today im going to talk about what the irs calls disqualified persons [Music] hi im greg mcrae founder and ceo of foundation group and welcome to our 501c3 university channel when it comes to nonprofits especially 501c3 organizations one of the irss constant concerns is conflict of interest and by extension private benefit but this can be a challenge for a non-profit whether its just starting out or has a long history the concern is mainly about which parties are involved and whether or not decisions are being made at arms length these parties can be board members relatives employees donors even but collectively they are known as disqualified persons so lets look at that term disqualified person sounds kind of harsh doesnt it whos disqualified and what are they disqualified from well remember the
