Nonprofits as Policy Solutions to the Burden of Government

Chapter 8 – Financing the Burden through Contributions

The Vietnam Veterans Memorial Fund, Inc., is a 501(c)(3) created by the U.S. Congress in 1980 to build and operate the Vietnam Veterans Memorial in Washington, DC, arguably one of the nation’s most visited and spectacular memorials even in its simplicity. It gets no funds from the U.S. government but over 85 percent of its annual revenues come from contributions of the types discussed in this chapter and in the next chapter. The remainder is from investments and fees. The National Park Foundation is also a 501(c)(3) created by the U.S. Congress. Its sole purpose is to use these techniques to help support the National Park Service. It successfully raises a lot of money for the benefit of the ...