By Roberto Neuberger If you plan to submit an application to the IRS for tax exempt status, you better do your homework. Because the application is long, complex, and could be delayed (and often is) if not done properly.
Tax-exempt entities are referred to as “non-profit” organizations, but they are truly big business operations generating a lot of money by serving a public benefit. Two Los Angeles entrepreneurs recently launched a new online company for charitable fundraising.
If you are involved with an organization who has a primary mission that would be considered charitable in nature, you may consider yourself a non-profit organization. These organizations, however, are often the subject of confusion when it comes to the laws and designations which govern them. If your organization is new or doesn’t currently have […]
Grassroots nonprofits are a great way to get a mass movement behind a social mission. Still, the more popular they become, the more skeptical donors become about protecting themselves against scams.
When the earthquake in Haiti was reported, Peter Groverman, a 27-year-old Villanova Law Student, received a text message that sparked a humanitarian mission. He told Philly.com the message from a friend read, “Are we going to Haiti?” He instantly knew he not only want to go to Haiti, but he wanted to form a nonprofit […]