I. Members subscription
II. Fines from members
III. Donation
IV. Loan from bank
A. I, III, IV
B. I, II, III
C. I,II, IV
D. I and IV
Correct Answer:
Option B – I, II, III
Explanation
Nonprofits can and do use the following sources of income to help them fulfill their missions:
- Fees for goods and/or services.
- Individual donations and major gifts.
- Bequests.
- Corporate contributions.
- Foundation grants.
- Government grants and contracts.
- Interest from investments.
- Loans/program-related investments (PRIs)