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My Economy

A Black arts center committed to preserving community

by Livi Burdette
Sep 6, 2023
When the nonprofit system didn't seem to work for it, Seattle-based Wa Na Wari found another way.
Wa Na Wari was once the home of a family member of one of the gallery's founders. Making it into a Black art space was a way to return the home to the community.
Courtesy Inye Wokoma
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Confusion reigns for some businesses over "pass-through" deduction

by Marielle Segarra
Jan 14, 2019
Some companies are unsure whether a 20 percent income deduction applies to them.
Under the new tax law, LLCs and S corporations pay taxes based on their owner’s personal income instead of the corporate tax rate.
Tim Boyle/Getty Images
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Basic research, over decades, is Zuckerberg's goal

by Gigi Douban
Sep 22, 2016
Facebook founder and his physician wife have a charitable venture built for the long haul.
 
David Ramos/Getty Images
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Facebook's CEO starts an LLC to donate

by Mark Garrison
Dec 2, 2015
What does philanthropy look like when it's part of an LLC?
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