The recession is causing every industry to rethink its strategy on generating income and revenue. The nonprofit sector is no exception. In fact, some would argue that the philanthropic dollar has never been more competitive. In light of this economic environment, venture philanthropy is on the rise and the savvy in-house practitioner needs to be prepared to assist clients in structuring nontraditional revenue-generating relationships, while protecting the corporation’s brand, tax status and its resources. This program will investigate a variety of structures that raise revenues for nonprofits while at the same time advancing a commercial interest. Core issues covered will include the tax on unrelated business income, state commercial co-venture statutes, permissible private benefit arrangements and a how-to guide on structuring the venture.