Although the normal belief is that the delivery of goods and services is accomplished by two institutions, government and private industry, that belief is inaccurate. A third sector the nonprofit sector, is a major distributor of goods and services, or the financing force behind the delivery of goods and services. Last year the nonprofit/tax exempt sector accounted for eleven percent of the gross national product in this country.
In the law, the nonprofit sector on the one hand appears the same as any other private organization; on the other hand it is governed and taxed by special rules and laws. The purpose of the course will be to review the special principles that deal with nonprofit organizations and to question the policies for special treatment.
The course will probably be evaluated by means of problems, projects, and/or papers.