English Deutsch Français Italiano Español Português 繁體中文 Bahasa Indonesia Tiếng Việt ภาษาไทย
All categories

4 answers

It is similar to the formation of profit organizations !!

2007-09-12 12:35:01 · answer #1 · answered by V.T.Venkataram 7 · 1 0

The most common process is to first register (usually with the secretary of state office of your state) as a 501 (c) (3) corporation. The 501 (c) (3) refers to the IRS code applicable to non-profits. You can go to irs.gov and learn more about that.

Incorporating as a 501 (c) (3) gives you the best chance at securing the federal, state, and county grant funding you'll need as a revenue source for your organization.

If you are not familiar with grants, you may want to consider taking a grant writing course to help you become familiar with grants. Funders / grantors have reporting requirements that you will have to comply with making it necessary to understand them inside out. Lastly, if you know how to write grants, you can apply for funding while your 501 (c) (3) incorporation process is pending. Good luck to you!

2007-09-13 04:28:26 · answer #2 · answered by Anonymous · 0 0

Well, you figure out who is doing similar work to you and go to work for them, and see what you would do differently. Then, you find people who will give you money for what you want to do -- that's fundraising. You form a board of directors to advise you and make contacts for you. You start doing the work that you want to do. You get a fiscal sponsor to deposit checks -- a group that has tax-deductible status so the donors get the deduction. Once you're making more than $25,000 a year or so from fundraising, you apply for your own tax-deductible status if you want, but you don't have to. Then you keep reporting back to your donors (preferably individuals, but could be foundations), and when you show results, you ask for more money.

2007-09-12 20:41:10 · answer #3 · answered by Katherine W 7 · 0 0

Call United Way.

2007-09-12 11:46:58 · answer #4 · answered by Anonymous · 0 1

fedest.com, questions and answers