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Senior Member
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Me and a buddy are going to start a non profit organization and we would like to know if anyone had any suggestions for us. Here's our thoughts:
Association, Fund, or Foundation? Name ideas needed. Classified as 501(c)(3) Non-Profit Exemption. Donations written off as deductions. A non-profit organization created to be a conduit for donations and fundraising, giving out ‘Quality of Life’ grants to help the newly injured become a functional part of society again. The organization will consist of a Board of Directors, fundraisers, and Community Representatives to inform the public and represent our Foundation. The foundation will have an annual or bi-annual (twice a year) fundraising dinner to pull in private (hopefully tax-exempt) donations. Through our Community Representatives the organization will find benefactors in need of financial help. We will also use members’ vast knowledge of local companies and groups to provide newly-injured/-discharged people with necessities. This organization will need a headquarters, where people can visit, donate, and apply for grants year-round. Our fundraisers will organize and plan the events, and also lobby local (and national) organizations to donate. Certain positions within the organization will not be needed year-round, allowing time for jobs and family, etc. The organization may maintain a small staff all year, which would require financial support (salaries). This will not effect the 501(c) status (to my knowledge). The foundation may offer membership (and a donation certificate) for donations made, but these members would be non-voting members of the community. The organization will need outreach and volunteer opportunities to help in the dinners and other events, to increase its notoriety further.
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Say what you mean and mean what you say because those who mind dont matter and those who matter dont mind. My Myspace Black and White Clothing's Myspace http://bandwclothing.bigcartel.com/ |
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