Not-for-profit Organizations
BENEFITS TO NOT-FOR-PROFIT ORGANIZATIONS
Not-For-Profit Organizations (NFPs) represent a special group that UEN wants to help in the SCF financial ecosystem. NFPs include all non-profit, tax exempt organizations (registered with CAC ) and state and local governments, school districts, etc. Unlike for-profit businesses, NFPs rely primarily on donations, grants and tax revenue rather than for-profit income, and as a result are usually underfunded, while providing much needed services.
UEN has arranged to have NFPs sell their state currency and thereby earn an even larger commission than SMEs. UEN will pay them a 40% commission, plus a matching amount of the currency, for an effective commission of 80%.
And NFPs can recruit SMEs to join the system and thereafter if that SME makes a sale and earns a 30% commission, the recruiting NFP will get a 10% override on those sales.
For more details on the scope of the NFP program, seeĀ this document.If you are a not-for-profit organization and would like to take advantage of these special arrangements, click on the Create Your Account button below and we will contact you with further instructions.