Starting a 501(c)(3) or Other Nonprofit?
Your road to success begins here...
When it comes to starting a nonprofit organization, The Foundation Group is the professional resource America turns to the most! Whether you are starting a charity, foundation, church, school, or any other nonprofit organization, our full-service solution makes it simple for you to get there.
We would like to thank you and your staff for all that you have done to enable us to help children in need around the world. Through your hard work and intervention, you have made the process much less stressful for us and we are now tax-exempt with the IRS! A dream that seemed so daunting has become a reality!
Wow, we are amazed that we received our approval letter so quickly! Incredible! I know that if we had done this on our own, that wouldn’t have been the case. Thank you so much for all your help. I will be recommending your services to anyone and everyone possible.
I cannot begin to tell you how excited I am at this moment. I walked from the school to our mailbox (~200yd) this morning and literally danced back. Our 501(c)3 has been approved. And on the first try! Thank you, thank you, thank you. We could never have done it without you.
We can’t thank you enough for all the help and for making this dream come true. You promised and you delivered. Most of all, the arts community, the children, veterans, and many others will have opportunities to flourish and grow where there was no opportunity before because of what you do…and do so very well. Thank you!
Taking Nonprofits from Vision to Mission Fulfillment
First of all, it’s not a 5013c or a 503c or any of the hosts of other mistaken identities that it gets called. A 501(c)(3) organization is simply a nonprofit organization (usually incorporated) that has applied for and obtained recognition of tax exemption by the Internal Revenue Service (IRS). Go here for a more in-depth look at this question…
In order for the IRS to recognize an organization as being qualified for 501(c)(3) status, it must satisfy the IRS’s general definition of being organized for charitable purposes. “Charity” is broadly defined to include the following organizational purposes: religious, educational, charitable (benevolence), scientific, literary, testing for public safety, fostering of national or international amateur sports, or prevention of cruelty to animals and children.
3 Great Resources for Startups
Starting a Nonprofit - The Webinar (Free!)
This free, informative presentation will take you step by step through the process of starting a nonprofit organization. Learn as we explain the fundamentals of formation, plus the challenges…and the rewards…of launching a new charitable venture.
You will also discover why Foundation Group is the perfect partner to help you make it happen!
10 Questions You Must Consider Before Starting a Nonprofit (Free!)
You want to start a nonprofit. Great!
But what does it really take to start a nonprofit? What are the non-negotiables that simply must be in place in order to get started with any hope for success? What steps are required to make sure the organization you are starting can work in tight economic conditions?
Download our free guidebook and learn the questions you should be asking before you get started on your adventure.
Forming and Maintaining a Nonprofit Organization ($9.95)
When it comes to forming and maintaining a nonprofit 501(c)(3) organization, it is essential to know what to do and when to do it. Guesswork just won’t do.
Our essential e-guidebook is just the thing for those who are exploring the formation of a nonprofit organization, as well as those who need to keep an existing organization in proper compliance.
Well, that was fast. At least the IRS made the right decision on this. Just to update you, the IRS recently proposed allowing charities to (optionally) collect the Social Security numbers of donors and report the detailed donor/donation information to them (IRS). Their logic was that this voluntary effort would…
Well, that didn't take long! We informed our readers last week of a proposal by the IRS to (voluntarily) allow charities to collect and report the Social Security numbers of donors. The idea being that it would reduce fraudulent tax returns. As we said at the time, the idea has…
The IRS recently proposed new regulations that would allow charities to report the Social Security numbers of donors who give more than $250 to the nonprofit. This has caused an uproar of concern among those in the nonprofit community, including the influential National Council of Nonprofits, which represents 25,000 charitable…