How to Obtain Nonprofit Status for Your Business or Organization

Submit Your Tip

How to Obtain Nonprofit Status for Your Business or Organization – This is a place for the community to provide tips and advice on How to Obtain Nonprofit Status for Your Business or Organization. This topic was created by MCSX and the tips are provided by the community. The tips you add here can be your own or referred from another site. The best tips are then ranked at the top when up-voted by members of the community.

Tip 1 - Could You Turn Your Business Into a Nonprofit?

Published: 9 years, 5 month(s) ago | Submitted by ZDJ 06 | permalink

The tax-exempt status of a non-profit is quite alluring. In addition, non-profits are eligible for a variety of government grants and funding. Like many business owners, you may have wondered whether your firm could reap the benefits of being a non-profit. After all, who wouldn't like to pay less for postage? However, converting an existing venture to not for profit status is not as easy as just saying goodbye to your tax bills.
Tags: Could you turn your business into a non-profit?,legalzoom,Starting Your Business,Business Taxes,Business Management,Taxes

For further reading: https://www.legalzoom.com/articles/could-you-turn-your-business-into-a-nonprofit ^[1]

Tip 2 - Can I convert my for-profit business into a nonprofit organization?

Published: 9 years, 5 month(s) ago | Submitted by Gu 00e 1bor Ru 00e 9nyi | permalink

GrantSpace, a service of the Foundation Center, offers information and resources that are specifically designed to meet the needs of grantseekers.
Tags: cms, publish, e-commerce, content management, development framework

For further reading: http://grantspace.org/tools/knowledge-base/Individual-Grantseekers/For-Profit-Enterprises/converting-to-nonprofit-status ^[2]

Tip 3 - How to Obtain 501(c)(3) Tax-Exempt Status for Your Nonprofit | Nolo.com

Published: 9 years, 5 month(s) ago | Submitted by Spike 1506 | permalink

How to apply for tax-exempt status for your nonprofit.

For further reading: http://www.nolo.com/legal-encyclopedia/nonprofit-tax-exempt-status-501c3-30124.html ^[3]

Tip 4 - Nonprofit Corporation

Published: 9 years, 5 month(s) ago | Submitted by Elisabete Saldanha | permalink

A business organization that serves some public purpose and therefore enjoys special treatment under the law. Nonprofit corporations, contrary to their name, can make a profit but can't be designed primarily for profit-making. - Small Business Encyclopedia
Tags: encyclopedia

For further reading: http://www.entrepreneur.com/encyclopedia/nonprofit-corporation ^[4]