All too often, when founders come to discuss an idea for a new nonprofit, and I ask, “How will you fund it?” the answer is, “We’ll get grants.” But can they? And is that all...
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Three Things to Consider When Recruiting Your First Nonprofit Board of Directors
As we saw in our last post, the names of a new nonprofit’s board members need to be included in the formation documents you submit for incorporation. But finding these founding board members is...
One of the first decisions in forming a nonprofit, once the initial questions have been answered (see prior post), is to choose a legal structure for the new organization. While there are a number of...
Admittedly, starting a nonprofit these days is easy enough—at least in terms of the paperwork. With the advent of online filing for corporate status and the 1023-EZ for 501(c)(3) status, the...
One of the first questions to deal with when forming a nonprofit corporation is whether the nonprofit will have a voting membership. This seems like a simple concept, but in the nonprofit context,...