T-1 Thunder
newbie
Can you take an existing business and simply conduct "charity" work?
Like where you would ask businesses or people for "donations" for a cause that a business will facilitate?
Or is required that you set up a separate thing and file all the papers to create an entity solely to function as a non-profit?
This would be for something extremely low budget, likely only requiring $15,000 a year to sustain.
As a follow-up question: If someone runs a non-profit, what do you think is a fair percentage to promise and dedicate to put to the cause? I hear a lot of charities brag about putting 90% of the money to the cause. In this case, I'm thinking it would be 95%-99%.
PS: It has to do with babies, and mommies, and hospitals. We would love to do this out of our pocket, but we can't afford to.
Like where you would ask businesses or people for "donations" for a cause that a business will facilitate?
Or is required that you set up a separate thing and file all the papers to create an entity solely to function as a non-profit?
This would be for something extremely low budget, likely only requiring $15,000 a year to sustain.
As a follow-up question: If someone runs a non-profit, what do you think is a fair percentage to promise and dedicate to put to the cause? I hear a lot of charities brag about putting 90% of the money to the cause. In this case, I'm thinking it would be 95%-99%.
PS: It has to do with babies, and mommies, and hospitals. We would love to do this out of our pocket, but we can't afford to.
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