I would like to hear from some individuals or organizations that have some experience of setting up a non-donor advised Foundation under the National Heritage Foundation and under the jurisdiction of of CDF(Congressional District Programs) and under (NHF). Has anyone ever set up a Foundation under them? what did or do you like or dislike?
2006-12-23 10:03:56 · 1 answers · asked by nomoreninetofive 1 in Society & Culture ➔ Community Service
Check with NHF again, as there has been a rule change. Now you have to get your 501(c)(3) tax-deductible status to get money out of them. In the old days, when they could provide the 501(c)(3), it was a good deal, but not anymore. Now, your best bet is to find a local charity that will serve as your fiscal sponsor, if you don't want to go through the paperwork yourself.
2006-12-23 11:11:23 · answer #1 · answered by Katherine W 7 · 0⤊ 0⤋