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Old December 5th, 2012, 05:02 PM   #15
Grumpy old man.
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Originally Posted by Ebs View Post
Fun fact: The organizations who run college football bowl games are run as non-profits, and they make crazy money. It's all how you navigate the laws.
I think the terms "profit" and "non-profit" with respect to corporations it a bit of a misnomer. There are plenty of "for profit" corporations that do not make money, and there are plenty of "non-profit" corporations that make money. It's not about if they made money or not, it's what they do with the money that matters.
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