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	<title>The Booster LeaderWhy The IRS Requires Nonprofits to Operate With One General Fund &#8211; The Booster Leader</title>
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		<title>Why The IRS Requires Nonprofits to Operate With One General Fund</title>
		<link>https://theboosterleader.com/why-the-irs-requires-nonprofits-to-operate-with-one-general-fund/</link>
		<comments>https://theboosterleader.com/why-the-irs-requires-nonprofits-to-operate-with-one-general-fund/#comments</comments>
		<pubDate>Mon, 12 Jan 2015 11:00:29 +0000</pubDate>
		<dc:creator>Dan Caldwell</dc:creator>
				<category><![CDATA[Fundraising & Finance]]></category>
		<category><![CDATA[Leadership]]></category>
		<guid isPermaLink="false">http://theboosterleader.com/?p=587</guid>

				<description><![CDATA[Last week, we saw that the IRS prohibits booster clubs and other nonprofit organizations from operating with individual student accounts. Instead, booster clubs must operate from one general account, and distribute funds to benefit all students equally. Now, let’s take a moment to consider why. The IRS Generates Revenue for the Federal Government The IRS&#8217;s primary function [&#8230;]]]></description>
			<content:encoded><![CDATA[Last week, we saw that the IRS prohibits booster clubs and other nonprofit organizations from operating with individual student accounts. Instead, booster clubs must operate from one general account, and distribute funds to benefit all students equally. Now, let’s take a moment to consider why. The IRS Generates Revenue for the Federal Government The IRS&#8217;s primary function [&#8230;]]]></content:encoded>
	

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