Q:
How Is the YMCA Funded?
A:
Quick Answer
The YMCA is a nonprofit organization, which means that it relies on grants, private donations and the support of patrons to meet its annual expenses. Additionally, the YMCA relies on the support of volunteers to reduce staffing costs for its centers and its worldwide network of community programs.
Continue Reading
Credit:
Jordon Cooper
CC-BY-2.0
Full Answer
Although the YMCA charges membership fees to community residents in exchange for allowing them to use its facilities, the company does not profit from these fees. Rather, they are used to pay essential staff, maintain facilities and programs and to help the YMCA improve the local community. Some of the community programs the YMCA offers are homeless shelters, job and vocational training, leadership training and recreational programs.
Learn more about Business & FinanceRelated Questions
-
Q:
How Do You Ask Walmart for Donations?
A: Visit Walmart's website to request donations and grants from one of the company’s giving programs. Programs are offered for local, state and national organ... Full Answer >Filed Under: -
Q:
Can You Get Grants for Moving?
A: It is possible to receive grants to cover moving expenses through the government or through private organizations. Some businesses offer financial assistan... Full Answer >Filed Under: -
Q:
How Do You Claim Donated Items?
A: To claim a tax deduction on donated items, donate to a qualified organization, keep records of donations and file Form 1040. The IRS Publication 526 define... Full Answer >Filed Under: -
Q:
What Are Some Rules of a Shred-A-Thon?
A: Though each organization holding a shred-a-thon typically sets its own rules, they typically include setting a limit on the number or amount of documents p... Full Answer >Filed Under:
You May Also Like
-
Q:
How Do You Form a Booster Organization?
-
Q:
How Do You Find a List of United Way Charities?
-
Q:
What Are Some Tips for Starting Your Own Charity?
-
Q:
What Are Some Tips for Finding Available Grants?
-
Q:
What Are Some Facts About the Feed the Children Organization?
-
Q:
How Do You Donate a Piano to Charity?
