How to Form a Nonprofit Corporation

Title Page......Page 4
Copyright Page......Page 5
Contents......Page 6
Introduction......Page 10
Advantages of Nonprofit Status......Page 12
Disadvantages of Nonprofit Status......Page 13
Laws that Apply to Nonprofit Organizations......Page 14
Permitted Purposes......Page 16
Prohibited Practices......Page 21
Association, Trust, or Corporation......Page 24
Domestic or Foreign......Page 26
Membership or Nonmembership......Page 27
Charitable or Noncharitable......Page 28
Public Charity or Private Foundation......Page 29
Send for Forms and Instructions......Page 32
Define Your Purpose......Page 33
Choose and Search Your Name......Page 34
Articles of Incorporation......Page 39
Taxpayer Identification Number......Page 42
Corporate Supplies......Page 43
Organizational Meeting......Page 44
Minute Book......Page 45
Licenses......Page 46
Charitable Organizations......Page 48
Noncharitable Organizations......Page 51
Submitting Your Application......Page 52
State Tax Exemptions......Page 53
Private Inurement......Page 54
Excess Benefits Transactions......Page 55
Lobbying......Page 56
Political Campaigning......Page 57
Sources of Income......Page 58
Checklist for Avoiding Problems......Page 59
Applying for Grants......Page 60
Charitable Solicitation Laws......Page 62
Unrelated Business Income......Page 68
Day-to-Day Activities......Page 70
Corporate Records......Page 71
Tax Returns......Page 72
Employment Requirements......Page 73
Training......Page 74
Glossary......Page 76
Appendix A: Resources for Nonprofit Organizations......Page 84
Appendix B: State-by-State Nonprofit Laws and Addresses......Page 88
Appendix C: Nonprofit Corporate Forms......Page 140
Index......Page 190
Ad Pages......Page 196
Back Cover......Page 202