How to Form a Nonprofit Corporation

by WARDA MARK

• ISBN13: 9781572483903
• ISBN10: 1572483903
• Edition: 3rd
• Format: Paperback
• Copyright: 2004-07-01
• Publisher: Sourcebooks Inc

Summary

If you have ever thought about starting an organization to serve your community, let How To Form a Nonprofit Corporation be the first step to making it happen. Nonprofit organizations are big business. They play an important role in our economy. From local organizations helping to clean-up neighborhoods to national groups fighting hunger and disease; from community alert groups to regional mentoring programs, nonprofit corporations perform vital services to communities and provide jobs for countless people.

Table of Contents

Introduction	ix
Definition of a Nonprofit Organization	1	(12)
Advantages of Nonprofit Status
Disadvantages of Nonprofit Status
Laws that Apply to Nonprofit Organizations
Permitted Purposes
Prohibited Practices
Choosing a Type of Nonprofit Organization	13	(8)
Association, Trust, or Corporation
Domestic or Foreign
Membership or Nonmembership
Charitable or Noncharitable
Public Charity or Private Foundation
Start-up Procedures	21	(16)
Send for Forms and Instructions
Define Your Purpose
Choose and Search Your Name
Articles of Incorporation
Bylaws
Taxpayer Identification Number
Corporate Supplies
Organizational Meeting
Minute Book
Bank Account
Licenses
Applying for Tax Exempt Status	37	(6)
Charitable Organizations
Noncharitable Organizations
Submitting Your Application
Response to Your Application
State Tax Exemptions
Protecting Your Nonprofit Status	43	(6)
Private Inurement
Excess Benefits Transactions
Lobbying
Political Campaigning
Conflicts of Interest and Self-Dealing
Sources of Income
Checklist for Avoiding Problems
Raising Money in a Nonprofit Organization	49	(10)
Applying for Grants
Soliciting Donations
Charitable Solicitation Laws
Unrelated Business Income
Running a Nonprofit Organization	59	(6)
Day-to-Day Activities
Corporate Records
Meetings
Annual Reports
Tax Returns
Employment Requirements
Training
Glossary	65	(8)
Appendix A: Resources for Nonprofit Organizations	73	(4)
Appendix B: State-by-State Nonprofit Laws and Addresses	77	(52)
Appendix C: Nonprofit Corporate Forms	129	(50)
Index	179