Date of Award

Spring 5-15-2010

Document Type


Degree Name

Bachelor of Science (BS)




College of Business

First Advisor

Meyer Drucker


Several issues impact the management of accounting for large not-for-profit organizations that would not arise normally in a regular for-profit corporation. These issues vary widely from how much annual salary the executives rightfully deserve as compensation to the way the organization raises funds for its day-to-day activities. Slightly less common, but still very important, is the issue of taxes. Yes, not-for-profit corporations have to pay taxes, but only on certain forms of revenue. In many instances, large not-for-profit corporations operate similar to a for-profit firm. The money not-for-profits have to pay tax on falls under the Internal Revenue Code sections 511 through section 513 described as the Unrelated Business Taxable Income (UBIT). This thesis article focuses on the history of the UBIT and the case law that has been decided over the years in the federal courts.

Included in

Accounting Commons