A non-profit that owns a for-profit company is very well not realy non-profit.
All of the profit of the subsidiary goes to the nonprofit parent, in furtherance of its nonprofit mission. The subsidiary doesn’t exist to make anybody rich but just to earn (taxable) income for the parent.
All of the profit of the subsidiary goes to the nonprofit parent, in furtherance of its nonprofit mission. The subsidiary doesn’t exist to make anybody rich but just to earn (taxable) income for the parent.