Legal Essentials of Starting a Nonprofit Organization
Legal Essentials of Starting a Nonprofit Organization (Part 1 of The Foundation Center’s Webinar Series for Nonprofit Startup Organizations)
Are you considering starting a nonprofit organization, or do you already run or work for a nonprofit startup? The Foundation Center held a special five-part webinar series just for you, and now you can view all the recorded webinars. A strong nonprofit needs a vital mission, clear lines of accountability, reliable and diverse revenue streams, and high-quality programs and services. This webinar series guides you through these issues to help you start off on solid footing and learn to build an effective organization.
00:07 Introduction
01:10 Agenda
02:16 Part I – Is Your Organization Ready to Incorporate and Become a 501(c)(3) Tax Exempt
Organization
06:47 Part II – Not-for-Profit Incorporation and Related Matters
07:04 Steps to Not-for-Profit Incorporation
09:25 Certificate of Incorporation
12:10 Bylaws
14:46 Hold an Organizational Meeting
16:52 Hold Good Meetings
18:57 Other Forms of Nonprofit Organization
20:40 Registration Requirements for Charitable Organizations
25:27 Which Nonprofits are Eligible for 501(c)(3) status?
26:26 Applying for 501(c)(3) Federal Tax Exempt Status
28:13 Key Elements of the Form 1023
31:50 State and Local Tax Exemption
39:35 Limits on 501(c)(3) Tax Exempt Organizations
40:38 Limits Related to the Operational Test
44:26 Public Charities vs. Private Foundations
46:07 Federal Reporting Requirements for Exempt Organizations
47:20 Fiscal Sponsorship
51:00 Importance of Continuing The Foundation Center’s Webinar Series for Nonprofit Startup
Organizations