“There are huge markets where people have needs — for food, shelter, education and more — but can’t afford to pay money out of their own pockets to have their needs met. In the United States, the government created the 501 (c) (3) nonprofit corporation to help address this situation. Technically speaking, a 501(c)(3) is [...]
Starting A Not For Profit
11/08/2008 By Leave a Comment
The stepping stone of a non-profit organization is first determining the purpose of establishing such an organization. This can be achieved by self-writing a basic mission statement of the organization. This is also a formal requirement for the incorporation of the organization in future. There are certain guidelines to be followed: • The statement should [...]