Introduction What is a Non-profit corporation? Directors and Officers of the Non-Profit Corporation Members and Membership The 501(c)3 Tax Exemption Operating a Non-Profit Corporation Checklist for New Non-Profit Corporations

What is a 501(c)(3) public charity? How do I form a 501(c)(3) public charity? What is the difference between a "private foundation" and a "public charity"? Is it difficult to set up a 501(c)(3) public charity, private foundation or other type of tax exempt organization? How many board members does my nonprofit organization need? Can the officers of my nonprofit corporation also serve as directors? How many officers do we need? Do we need to prepare a mission statement? Do we need to prepare a budget for our operations? Do I need to file anything at the state or local level to apply for tax exemption?

Non-Profit Library

Introduction As someone involved with a charitable cause, you might be weighing the benefits of formally organizing your non-profit. Sure, it will take a little extra work, but only with a state-recognized non-profit corporation can you obtain private and public grants, low-cost postage rates and be exempt from income, sales and property taxes. Most importantly, only a formal non-profit corporation allow individuals to donate money to you tax-free, while shielding you and your personal assets from liability. Our law library provides you with the general information you need when thinking about organizing a non-profit corporation. We cover background information, such as how to obtain IRS tax exemption, and provide information on how to operate your non-profit corporation on a continuing basis. In addition, we provide answers to many of the most common questions people have when thinking about forming a non-profit corporation. If you decide to take that next step and form your non-profit corporation, StartupNation can help. Simply answer a few questions online, and StartupNation will do the rest. We will prepare all of the legal documents you need, file the formation documents with the Secretary of State, and even prepare the 501(c)(3) application at your option.