You founded your organization with the best possible intentions in mind. You know the money you raise will be going to a very worthy cause that needs your help. Unfortunately, even in the world of charities, there are potential legal problems around almost every corner. How can you prevent the hassle of legal problems as well as the potential consequences involved? These tips can help.
- Do Your Research: Before you start any activities as an organization, whether they’re fundraising, naming directors to your board, or even gathering volunteers, do a bit of research. State laws vary on what’s required by charity organizations, as do IRS regulations, and the more you know about what might be required of you at the outset, the better off you’ll be.
- Consult an Attorney: Finding the right attorney to help you found your group is a wonderful idea, as it can help to head-off any legal problems before they become an issue. Choose someone who is well versed in the laws governing nonprofits to get the most bang for your buck.
- Register: Most charities are required to register as a nonprofit corporation and for conducting charitable solicitation in any state where they solicit donations, and in this day and age, that can mean anything from holding an event where you ask for donations to sending out a tweet that asks for donations. Because so many groups take to social media so freely today, registering in more than one state where you expect to get donations is frequently required. We can help. With our simple three-step process, you could be registered and ready to start collecting donations quicker than you expected. When the next fundraising opportunity comes up, you’ll be ready to go. Get started now.