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Tag Archives: Starting a nonprofit
Questions You Must Answer Before Starting a Nonprofit
So…you want to start a nonprofit. Fantastic! That puts you in pretty good company. In any given year, as many as 75,000 applications for 501(c)(3) tax exemption are filed with the IRS. Less than half survive the process, but there … Continue reading
Posted in Education, Funding, Managing a Nonprofit, Starting a nonprofit
Tagged compliance, Funding, governance, mission, planning, programs, Starting a nonprofit
6 Comments
News For Nonprofits
As long-time readers of our articles know, most of our posts focus on tips and best practices for effective nonprofit management. This post is going to be a little different. There is so much going on right now that affects … Continue reading
Posted in Education, Hot Topics, Managing a Nonprofit, Starting a nonprofit
Tagged 501(c)(3), donations, expedited review, Form 990, IRS, Starting a nonprofit
15 Comments
Nonprofit Board Members – Choose Wisely
No decision you make regarding your nonprofit organization carries more importance than who is chosen to lead it. The members of your board of directors make up the governing body of your nonprofit and are legally accountable for its actions. … Continue reading
Posted in Education, Managing a Nonprofit, Starting a nonprofit
Tagged 501(c)(3), board of directors, bylaws, leadership, Starting a nonprofit
13 Comments
Who Really Owns a Nonprofit?
The concept of who owns a nonprofit organization can be hard for some to grasp, especially given that the answer is, “No one…and everyone!” We encounter this confusion with new clients on a fairly regular basis. And, given people’s understanding of … Continue reading
Posted in Education, Starting a nonprofit
Tagged 501(c)(3), leadership, legal, private inurement, Starting a nonprofit
8 Comments
Charitable Solicitations – Time to Get Compliant!
Charitable Solicitations Registration. “Never heard of it,” you say. Well, you are not alone. As astounding as it may seem, estimates of noncompliance range from 85-95% of charities and nonprofits nationwide. This level of noncompliance has persisted primarily because of … Continue reading
The Other Nonprofits – 501(c)(4), 501(c)(6) & 501(c)(7)
The Alpha dog of the nonprofit world is the 501(c)(3). It has federal income tax exemption, contributions to it are tax deductible to the donor and it is potentially state sales & property tax exempt. Not bad. The government provides … Continue reading
Posted in Education, Starting a nonprofit
Tagged 501(c)(4), 501(c)(6), 501(c)(7), Form 1024, IRS, Starting a nonprofit
30 Comments
Public Charity vs. Private Foundation
Tonight’s title match: In the red corner, numbering 948,954, representing over half of all 501(c)(3) organizations, are public charities. And in the blue corner, numbering 108,594, having increased 54% since 1998, are the 501(c)(3)s known as private foundations. Both competitors … Continue reading
Five Considerations When Starting A Nonprofit in a Tough Economy
In this tough economy, nonprofit organizations are needed more now than ever. More and more people are finding themselves in difficult circumstances and, according to all available evidence, it’s going to get worse before it gets better. Despite all the … Continue reading
How to Start a Nonprofit
Helping people start nonprofit organizations is one of the most important things we do at The Foundation Group. In fact, we have helped over 10,000 organizations get started since 1995. This is our first time to publish a “how to” … Continue reading
Starting a Nonprofit in a Bad Economy
Sounds like scary stuff, doesn’t it? The decision to start a nonprofit organization is difficult in the best of circumstances. But in a downright frightening economic climate, does it make any sense at all? Some experts are predicting that this … Continue reading
Posted in Hot Topics, Starting a nonprofit
Tagged donations, leadership, Starting a nonprofit
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Happy Birthday to Foundation Group!
September 15, 2009 is Foundation Group’s 14th birthday. As one of the founders of this company (the other being Mr. Blair Dudley), I’ve been here since day one. Believe me…there are days when it seems like a lot longer than … Continue reading →