August 17 is National Nonprofit Day

RALEIGH — Today is National Nonprofit Day and NCMS is celebrating!

On August 17th, National Nonprofit Day (NND) recognizes the goals and positive impacts nonprofits have on communities and the world.

Sherita J. Herring founded National Nonprofit Day to educate, enlighten and empower others to make a difference while acknowledging those in the trenches, impacting lives every day — like members of the NCMS!

The Tariff Act of 1894, signed into law on August 17, imposed the first federal income tax on corporations, including exemptions for nonprofit corporations and charitable institutions. With a few modifications, nonprofit exemptions remain a solid part of the law and have served significant benefits for communities and the economy.

The Registrar at National Day Calendar declared National Nonprofit Day to be observed annually in 2017.

Through nonprofits, awareness, research, and aid reach the people who need it most. Nonprofits also generate tremendous benefits to their surrounding communities and the broader world.

For example, following the recent U.S. recession in 2012, the nonprofit sector provided 5.4% of the nation’s entire GDP (gross domestic product), or $887.3 billion. Non-profits continuously employing nurses, web developers, lawyers, computer engineers, and more (sources: John Hopkins and Tactical Philanthropy Advisors reports).

NOW would be a great time to donate, join, or renew your membership in North Carolina Medical Society.

Click here for all you need to know to make a difference.