Saturday, June 25, 2005

How Can a Non-Profit buy property?

Of course there are programs that exist that help non-profits to be able to afford properties.  There are grants for rural areas that provide for up to 75% of the cost for establishing and providing operating costs for non-profits as well as public institutions.

There is a separate grant program where the grant funding can be used acquire property however one of the requirements is that the property will be used by the business.  Again this is a program for rural areas.

The government also has surplus property that they sell at reduced prices.

And one very important thing that has to be considered when trying to buy property.  Of course it will depend on who the owner is of the property.  There have been instances where the owners have donated the property or gave a favorable lease.  It will depend on who the actual owner of the property is.  While there is a way to help identify who a property owner may be you might want to consider preparing some kind of offer BEFORE you contact them.


Alice aka Momma Greenbird said...

Where would one find access and information about said grants? I am looking into opening an Evironmental Education and wellness center and would like funding to buy the property.

Rose said...

You have to go online and start doing some researching to find these grant programs. If you take a look at my Grant Basics 101 Blog you will see that there are many grant programs out there that you may be eligible to apply for.