Fundraising for Your Nonprofit in the Start-Up Phase

After a domestic nonprofit takes the first exciting steps of incorporating and filing its Application for Recognition for Exemption (Form 1023) with the IRS, it may be surprised to find out that it may take the IRS 6 months, or even much longer, to grant the nonprofit its official tax-exempt status. An organization that is […]

Incubating a Nonprofit Social Enterprise

  How can we incubate an innovative, profit-making nonprofit project? As covered in our last post, Starting a Self-Sustainable Nonprofit, it may be possible and advantageous to operate a sustainable, profit-making, charitable project as a nonprofit organization.  If this route is chosen, the leaders should ensure that the organizational, governance, and administrative structures are carefully […]