Sherita J. Herring, a renowned speaker, best-selling author and business strategist, founded National Nonprofit Day to educate, enlighten and empower others to make a difference, while acknowledging those that are in the trenches, impacting lives every day – the Change-Makers of the World!
The Tariff Act of 1894 signed into law on August 17, imposed the first federal income tax on corporations, which included 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, both for communities and the economy.
The Registrar at National Day Calendar declared National Nonprofit Day to be observed annually in 2017.