Forming Non-Profit Organization In USA
Who To Form Non Profit Organization?
A Non-Profit Organization is formed with the passionate intent of donating all profits made to another organization. Many companies that choose to incorporate are often charities. In such cases, incorporating a company as a Non-Profit allows you to apply for tax exemptions.
Public Charity Organizations?
This Non-Profit Organization type uses the funds gathered from the public to offer low cost or free services to the public. The findings from the public can be gathered through private donations, fundraisers or by hosting specified events with the purpose of garnering funding.
Social Advocacy Organizations?
This Non-Profit type is member-based and focuses on completing goals without gaining any profit. Social Advocacy Organizations (SAO) use donations and member dues to communicate information with the purposes of promoting social agendas.
What Are Foundations?
This Non-Profit organization is created with the purpose of improving community conditions. They contribute to local charities through financial findings and host events that can benefit residents of a community. Foundations are commonly funded by for-profit corporations & contribute to the community on their behalf.
Trade & Professional Organizations?
The trade organization or professional organization is designed to benefit the members of the organization through their activities. Their funding is primarily based on membership-dues.
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