On August 17th, National Nonprofit Day (NND) recognizes the goals and positive impacts nonprofits have on communities and the world.
Somewhere a volunteer reads to school children. At the same time, a patient receives steady medication. A lawyer provides legal services for low-income individuals. A lost soul’s life is remembered with dignity, thanks to a nonprofit funeral home. Elsewhere, a first-time homebuyer moves into his own home. NND reminds us that each of these scenes is possible thanks to the nonprofit sector. It’s the result of the work performed by capable people and organizations.
Through nonprofits, awareness, research, and aid reach the people who need it most. Nonprofits also generate tremendous benefits to their surrounding communities and the broader world.
For example, following the recent U.S. recession in 2012, the nonprofit sector provided 5.4% of the nation’s entire GDP (gross domestic product), or $887.3 billion. Non-profits continuously employing nurses, web developers, lawyers, computer engineers, and more (sources: John Hopkins and Tactical Philanthropy Advisors reports).
For these reasons and more, National Nonprofit Day salutes those who set out to make a difference.
HOW TO OBSERVE NATIONAL NONPROFIT DAY
The observance encourages you to take some time to learn more about nonprofits. Understand that the funding for these organizations often satisfies more than the mission statement. Discover all the benefits of supporting a nonprofit. Visit philanthopyalliancefoundation.org to find out more and use #NationalNonprofitDay to share on social media.
NATIONAL NONPROFIT DAY HISTORY
The Tariff Act of 1894, signed into law on August 17, imposed the first federal income tax on corporations, including exemptions for nonprofit corporations and charitable institutions. With a few modifications, nonprofit exemptions remain a solid part of the law and have served significant benefits for communities and the economy.
The Registrar at National Day Calendar declared National Nonprofit Day to be observed annually in 2017.
Source: National Day Calendar