Naming Rights - Nonprofit Usage

Nonprofit Usage

A nonprofit organization has the option to recognize a major gift from a donor by bestowing naming rights to a property in recognition of the financial support. This is not a financial transaction in the style of the private sector.

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Famous quotes containing the word usage:

    Pythagoras, Locke, Socrates—but pages
    Might be filled up, as vainly as before,
    With the sad usage of all sorts of sages,
    Who in his life-time, each was deemed a bore!
    The loftiest minds outrun their tardy ages.
    George Gordon Noel Byron (1788–1824)