Ask an Attorney - How Do I Start a Charity or Foundation?

Ask an Attorney - How Do I Start a Charity or Foundation?

Watch this video for general information about obtaining and maintaining federal tax exempt status when starting a charity or foundation.


How do I start a charity or foundation?


Nonprofit corporations and foundations are required to file form 1023 with the United States Internal Revenue Service in order to be considered for federal tax exempt status. Additional IRS filings are required annually if tax exempt status is granted to a nonprofit corporation or foundation. If you want to start a nonprofit corporation or foundation, you may want to talk with a lawyer about assistance with the process.