The Commerce Journal,Business and Local Businesses
*The Commerce Journal>>>Other - Business & Finance

What do I have to do to set up a Non Profit company?


What do I have to do to set up a Non Profit company?

The Foundation Center, http://www.foundationcenter.org has some great resources that walk you through starting your own nonprofit organization, including an online tutorial, and some other information that would be very helpful. Best of luck to you!

First determine what type of non-profit you wish to start. Contact the IRS and ask for an application for non-profit status and when it arrives fill it out. Depending on the type you will be required to form a structure within which the organization will exist. i.e. A school, such as your local religiously sponsored school or a Charter school is a non-profit--the organization which provides a shelter or food for the homeless or battered women. These organizations have different IRS designations, schools are 501c4 and shelters are 501c3's. Each designation requires a lengthy application process, however in most cases you may begin operations with a letter from the IRS saying application has been made.

Almost all 501's require a Board of Directors, Statement of Goals and operating procedures and a host of other steps. Don't be discouraged. It sounds more complicated than it is, but if you can find someone who has done it before that person can keep you sane during the process. Good Luck.

Elle

Tags
  Cincinnati   Chicago   Boston   Austin   Atlanta   Other - Business & Finance   Other Taxes   United States Taxes   United Kingdom Taxes   Spain Taxes   Singapore Taxes
Related information
  • My mom ordered me a Zune from Amazon, how long will it take to arrive?

    You'll get it on Jan. 3

    ...
  • Financial advise .?

    Work as many jobs as you can. Live on rice and beans. No entertainment or new clothes until you pay off the debt. Sell some of the junk you don't need. You can also join the military. They pay...

  • How much does a typical person working at IBM make?

    It would greatly depend on the job position.....a secretary, factory worker, senior programmer, and company CEO would all differ........

    ...
  • Does the shipping policy from half.com seem shady to anyone else?

    This is their phone number: 1-800-545-9857 I had to tear up the internet to find their phone number. I don't understand why big companies want to hide their phone number from us. Makes ...

  • When i buy something on amazon...?

    When you buy something form a third party seller on amazon they send it right to you. What amazon does is they handle the payment transaction to ensure that your bank account or credit card number...

  • ICall pro has this to say and i dont know what it means?

    "Quarterly" means you are billed four times a YEAR; in other words, every three months. So, you should pay $14.97 every three months.

    ...
  • Returning a gift on amazon, one year later and used?

    #1 --- By american law, a gift is a gift and belongs to the person who received it. He technically does not have to give it back. #2 --- Amazon has a 60 day return policy. So even if it wasn...

  • Whats a good way to make money im a kid?

    U said it ureself..ure a kid, thats why u cant get a job. If u are under 16 then you probably wot get hired soon. Just look to your parents for money and if they dont give it to you, on some occasi...

  •  

    Commerce Categories--Copyright/IP Policy--Contact Webmaster