Hello,
The question of who "owns" a nonprofit is difficult to answer. Unlike
a for-profit company, a nonprofit probably does not have shares to
signify ownership. The corporation is an owner, not something being
owned. As Nolo Press explains, "Nonprofits are not actually owned by
anyone." (1)
As for who rules a nonprofit corporation, that question is easier. The
corporation's board has final say over what the corporation does.
See the following links for information on nonprofits and how they
operate:
"Nonprofit Corporations FAQ," Nolo Press
http://www.nolo.com/lawcenter/faqs/detail.cfm/objectid/A6D25766-61E1-4179-8299F2726E320A5A
"The Nonprofit FAQ," Internet Nonprofit Center
http://www.nonprofits.org/npofaq/
Also, your state's secretary of state may have information about
nonprofits and how to form them.
References
(1) "Nonprofit Corporation Basics," Nolo Press
http://www.nolo.com/lawcenter/ency/article.cfm/objectID/91D3BDDE-D91E-4667-951A05E6F14CB1F1/catID/CE94A6B3-EFB6-4036-8498D5414328FD73
Search strategy:
nonprofit faq
://www.google.com/search?sourceid=navclient&q=nonprofit+faq
nonprofit corporations
://www.google.com/search?q=nonprofit+corporations&hl=en&lr=&ie=UTF-8&safe=off&start=30&sa=N |
