Phi lợi nhuận & Chủ nghĩa tích cực
How can nonprofits accelerate their impact and move the needle on intractable problems? Looking to bring the urgency of a profit motive to every initiative, inclusive finance promoter Tolu Oyekan shows how scalable, data-driven solutions are expanding access to banking and financial services across Africa -- and shares the mindset that can help any business meet its goals with speed and precision.
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https://youtu.be/SCTBLRtnt1s
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-Try ChartMogul ► https://youtube.slidebean.com/....chart-mogul-nonprofi
- We don’t just make videos. We help startups present to investors. ► https://youtube.slidebean.com/non-profits
#startups #slidebean #nonprofits
Naive, 20 year old me used to think of charities, non-profit organizations as truly selfless acts.
But you probably know where this is going.
FIFA, a non-profit organization founded to develop and improve the beautiful sport of soccer, has $1,8B in cash reserves, paid its President about $3M a year. Its top executives went to jail a few years ago for laundering money, taking bribes.
This pastor used his non-profit to essentially become a millionaire, fly private jets.
These are just two of many stories we found on how easy these organizations lose their way.
It’s no coincidence that so many celebrities and millionaires have all established their foundations.
But even worse than just saving taxes, non-profits raise money. From people like you and me who sometimes want to help.
But few people know the truth of where that money ends, and how little it actually goes to that cause you are supporting.
--
0:00 Non-profits - Intro
3:39 Non-profits - Pastor Jesse Duplantis
5:26 Non-profits - Bill & Melinda Gates
7:35 Non-profits- NRA
10:13 Non-profits How much money gets lost?
12:24 Non-profits - FIFA
16:26 Non-profits - Foundations doing it right
--
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Starting a nonprofit or business costs money! But the reality is that most nonprofit founders are starting their nonprofit out of their kindness of their hearts, not because they have a lot of money to spend in the beginning. It’s really important to know how and where to save money, so in this video I’m sharing 3 services that you can get for free as a 501c3 nonprofit. If you are not getting these services for free, you should work on that ASAP!
Here’s the breakdown:
00:00 Introduction
01:26 #1
04:06 #2
07:38 #3
Skip here to hear my #1 hack for finding services for free: 11:08
★☆★
For step-by-step guidance on starting a nonprofit, check out my nonprofit startup workbook:
https://rebrand.ly/npstartupworkbook
★☆★
Here are some videos I mentioned:
What is a 501c3 organization: https://youtu.be/jJwxQy93A6Y
What is a nonprofit:
https://youtu.be/emGOJads4q4
How not to pay a grant writer:
https://youtu.be/jDspfppAsFA
Here are links to info I mentioned in the video:
https://www.google.com/nonprofits/
https://www.canva.com/canva-for-nonprofits/
https://learning.candid.org/find-us/
If you need help forming your nonprofit idea, The Before You Start Workbook/Nonprofit Business Bundle is here: https://rebrand.ly/nonprofitbundle
★☆★
To set up your nonprofit, download my free checklist: https://rebrand.ly/npchecklist
★☆★
★☆★ Subscribe to my Channel: ★☆★
https://bit.ly/38xUFru
★☆★ VISIT MY WEBSITE ★☆★
https://www.bossonabudget.com
★☆★ VISIT MY GRANT WRITING SUPPORT GROUP ON FACEBOOK ★☆★
https://www.facebook.com/group....s/grantwritingsuppor
★☆★ READ MY BLOG ★☆★
https://www.bossonabudget.com/blog-1
★☆★ FREE RESOURCES FOR YOUR NONPROFIT ★☆★
https://www.bossonabudget.com/freeresources
Starting a nonprofit, leading, or working for a nonprofit? Here are 9 skills you need for nonprofit management and leadership. #Nonprofits #Nonprofit #StartingANonprofit
I am a nonprofit founder who now works full time as the Executive Director for the nonprofit I started many years ago. I grew my skills at nonprofit management and leadership over several years - I definitely didn’t start with them! But, looking back, if I’d known all it would take to successfully run my nonprofit organization, I would have invested more in some areas earlier on.
If you are starting a nonprofit, thinking about it, or have just started a nonprofit, or KNOW someone who is trying to start a nonprofit, I hope this helps!
ALSO: My Nonprofit FOUNDER TO FULL-TIME ACADEMY is now open!! http://foundertofulltime.com/
// WHAT TO WATCH NEXT
How Successful Nonprofits Fundraise when Starting and Growing
https://youtu.be/-HeFuJRb1N4
9 Books Nonprofit Leaders Should Read
https://youtu.be/oGje6KgKC5A
How to Write a Nonprofit Business Plan | Starting a Nonprofit
https://youtu.be/HXvkz2l2NRM
// CHAPTERS
0:00 Introduction
02:20 Strategic Planning
04:29 Board Governance
06:65 Human Resources
08:02 Volunteer Management
10:10 Collaborations and Partnerships
11:55 Fundraising
14:25 Legal and Financial Management
16:01 Technology
17:49 Marketing and Public Relations
// MORE ABOUT ME
Hi! I’m Amber, a nonprofit founder, Executive Director, and public speaker on social impact, changemaking, nonprofits, leadership, and more.
Join my newsletter to receive updates and resources for changemakers and nonprofit leaders: https://tinyurl.com/nonprofitsandchangemakers
FOUNDER TO FULL-TIME ACADEMY: Want some training and guidance on starting a nonprofit (and potentially even working for that nonprofit full-time someday?)? Check out my online training courses at my Nonprofit Founder to Full-Time Academy! http://foundertofulltime.com/
Want me to come speak at your business, college, school, or event? Check out my site: https://ambermsmith.com/
On Facebook? Talk to me and other change makers about social change, nonprofits, social enterprise, leadership and more in my Facebook group, Change the World or Bust: https://www.facebook.com/group....s/changetheworldorbu
I'm also on Twitter: https://twitter.com/ambermelsmith
Within this video, Toby Mathis will reveal the information you need to know if starting a nonprofit is something you would consider doing in your future.
Connect With Our Team To Get Your Nonprofit Started 👇
Email: nonprofits@andersonadvisors.com
There are many nonprofit organizations in the world, all of which were started for one reason or another, but either way, you need to know how to go about starting one properly.
*~ Claim Your FREE 45 minute Investment Strategy Session to receive business planning tips and a clear investment strategy. 👉 https://aba.link/6a0418
Why is this information important to know?
What can starting a nonprofit offer you?
How will this affect your taxes?
We will be answering these questions and more, so be sure to watch till the end.
There are so many ways to operate your business. Furthermore, each method allows you to not only experience different advantages but also allows you to protect yourself alongside your business. We have a lot to say on this subject as there are a ton of variables to consider but deciding the path best for you comes from knowledge of the industry.
Watch this video to learn what you can do to operate a successful nonprofit that deals in real estate endeavors. From which entity to select to how to seek assets, all this and more will be discussed.
Nonprofits are a great way to contribute to your company and the community. Watch now! To get to know how it works and what are its benefits are to you as an entrepreneur.
🚀 Ready To Take Your Business To The Next Level & Get A Detailed Risk Assessment To Help Protect Your Personal and Business Assets From Lawsuits?
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FREE TAX & ASSET PROTECTION WORKSHOP
Learn about Real Estate & Asset Protection from Clint Coons, Esq, and Toby Mathis, Esq. at our next all-day free Livestream from 9 am to 4 pm PT. on Saturdays. Our attorneys and specialists will answer ALL questions: Save Your Seat: https://aba.link/1e134c
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Phone: 800.706.4741
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ABOUT TOBY MATHIS
Toby Mathis, Esq. is the best-selling author of Infinity Investing: How the Rich Get Richer And How You Can Do The Same. Toby is a tax attorney and founded Anderson Business Advisors, one of the most successful law, tax, and estate planning companies in the United States. Learn more at https://aba.link/tobyaba
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The information provided in this video should not be construed or relied on as legal advice for any specific fact or circumstance. Its content was prepared by Anderson Business Advisors with its main office at 3225 McLeod Drive Suite 100 Las Vegas, Nevada 89121. This video is designed for entertainment and information purposes only. Viewing this video does not create an attorney-client relationship with Anderson Business Advisors or any of its lawyers. You should not act or rely on any of the information contained herein without seeking professional legal advice. of the information contained herein without seeking professional legal advice.
#Nonprofit #createnonprofit #Entrepreneurship
Are you starting a nonprofit and confused about how to get funded? Have you started your nonprofit and want to know what you can do right now to get money for your programming? In this video I'm sharing 5 tips you need to know if you want money for your nonprofit.
I'm not going to talk about a grant that will magically save your organization! I will be talking about strategies you should be working on right now that will position you to become funded.
Here's the breakdown:
01:54 Your why
04:26 Budget
06:55 Position yourself
09:14 Programming
11:38 - watch to hear it!
Here are the resources I shared in the video:
Budgeting masterclass: https://rebrand.ly/budgetreplay
Fundraising masterclass: https://rebrand.ly/fundmasterclass
Peer to peer fundraising (Raise your first $10k) workbook: https://rebrand.ly/raise10000workbook
Visibility masterclass: https://rebrand.ly/npvisibilityreplay
How to create a budget: https://youtu.be/UJ66eSsfkCk
If you need help forming your nonprofit idea, The Before You Start Workbook/Nonprofit Business Bundle is here: https://rebrand.ly/nonprofitbundle
★☆★
To set up your nonprofit, download my free checklist: https://rebrand.ly/npchecklist
★☆★
★☆★
For step-by-step guidance on starting a nonprofit, check out my nonprofit startup workbook:
https://rebrand.ly/npstartupworkbook
★☆★
★☆★ Subscribe to my Channel: ★☆★
https://bit.ly/38xUFru
★☆★ VISIT MY WEBSITE ★☆★
https://www.bossonabudget.com
★☆★ VISIT MY GRANT WRITING SUPPORT GROUP ON FACEBOOK ★☆★
https://www.facebook.com/group....s/grantwritingsuppor
★☆★ READ MY BLOG ★☆★
https://www.bossonabudget.com/blog-1
★☆★ FREE RESOURCES FOR YOUR NONPROFIT ★☆★
https://www.bossonabudget.com/freeresources
Interested in 1-on-1 consulting? Book a session here: https://stan.store/preachingp
Is starting a nonprofit worth it for college apps? How do you come up with a good idea? This is my full guide to starting a nonprofit as a high school student.
Video edited and rendered by Cookie.exe.
Follow me on Instagram: https://www.instagram.com/pratik.vangal
Contents:
0:00 - Starting a non-profit
2:54 - Explaining my non-profit (useful example)
5:11 - Coming up with a FANTASTIC idea
8:22 - Making your idea a reality
12:59 - Filing for 501(c)(3) status
14:48 - Fiscal Sponsorships & Fundraising
15:55 - Business Plan & Outreach
20:35 - Marketing
22:27 - Business Competitions/Awards
24:12 - Bonus tips
--------------------------------------------------------------
Music credits:
♪ Bread (Prod. by Lukrembo)
Link: https://www.youtube.com/watch?v=6eWIffP2M3Y
When people think of Nonprofit Fundraising, they ONLY think about donations or grants. But there are many ways nonprofits can make money! #Nonprofits #Nonprofit #Fundraising
It's important to understand multiple ways to fundraise for nonprofits so you know which methods will be the best fit for your unique nonprofit model and programs.
If you are starting a nonprofit, thinking about it, or have just started a nonprofit, or KNOW someone who is trying to start a nonprofit, I hope this helps!
// MERCHANDISE
https://ambermelaniesmith.myspreadshop.com/
This shop is dedicated to YOU, fellow changemakers! Grab a tee-shirt, mug, bag, or other gear and go do what you do best: CHANGE THE WORLD! Revenue supports this YouTube channel!
// WHAT TO WATCH NEXT
How to Write a Nonprofit Business Plan | Starting a Nonprofit
https://youtu.be/HXvkz2l2NRM
Starting A Nonprofit: Your First 3 Years (What to Do / Expect!)
https://youtu.be/5ShCah36-W4
Getting Your Nonprofit Board to Help Fundraise: 7 Tips!
https://youtu.be/EN4Mm1Cmdvw
// CHAPTERS
0:00 Welcome!
02:20 1
04:08 2
05:35 3
09:33 4
11:01 5
// MORE ABOUT ME
Hi! I’m Amber, a nonprofit founder, Executive Director, and public speaker on social impact, changemaking, nonprofits, leadership, and more.
Join my newsletter to receive updates and resources for changemakers and nonprofit leaders: https://tinyurl.com/nonprofitsandchangemakers
FOUNDER TO FULL-TIME ACADEMY: Want some training and guidance on starting a nonprofit (and potentially even working for that nonprofit full-time someday?)? Check out my online training courses at my Nonprofit Founder to Full-Time Academy! http://foundertofulltime.com/
Want me to come speak at your business, college, school, or event? Check out my site: https://ambermsmith.com/
On Facebook? Talk to me and other change makers about social change, nonprofits, social enterprise, leadership and more in my Facebook group, Change the World or Bust: https://www.facebook.com/group....s/changetheworldorbu
I'm also on Twitter: https://twitter.com/ambermelsmith
A award-winning civil rights attorney gives her personal account of receiving help from nonprofits as a child to developing one for children with special needs based on her personal experience with her son. Why do we call them non profits when we all profit? An award-winning civil rights attorney, a recurring cohost on The Emmy award winning daytime syndicated talk show "The Doctors" and a CNN legal commentator. She is also the founder and president of the Special Needs Network. Her latest book, Make It Rain, hits bookshelves in March 2018 This talk was given at a TEDx event using the TED conference format but independently organized by a local community. Learn more at https://www.ted.com/tedx
Portland-area non-profit bringing jazz-focused music education to schools
Forming a Nonprofit? Use our free guide or for convenience use a professional service, we have negotiated the best deals for you.
*Best Value Bundle Package for nonprofit formation is with Northwest ($29 + state fees)*
https://go.truic.com/3rJvCRC
🔥Includes 1 FREE Year of Registered Agent Services
📙 Free Nonprofit Checklist
https://nonprofitquest.com/wp-....content/uploads/2024
*Secure the Domain Name for your Nonprofit using our discount link*
https://go.truic.com/3kQC3yB
If you use our discount links, you get a discount and we receive a small commission. Thanks for supporting our work!
---------
How to Start a Nonprofit Organization also known as a 501c3 nonprofit corporation - To form a nonprofit, you'll need to learn how to name, appoint a registered agent, select board members, and ultimately file your state's articles of incorporation. In this video, we cover those steps, and everything else your nonprofit will need to do business, and keep compliant.
🎗 For our detailed guide on how to form a nonprofit in all 50 states, go to:
https://nonprofitquest.com
🌐 Get your website and domain for your business using our discount link:
https://go.truic.com/3kQC3yB
🏢 Check out the top services for a professional service to help you form your nonprofit:
https://startupsavant.com/best....-nonprofit-formation
🔥 *Get Free, Powerful Business Tools—sign up now for TRUiC’s Business Center*
https://business.truic.com/
--------
Timestamps
How to Form a Nonprofit Overview:
0:00 - Intro: How to form a 501c3 non profit corporation
1:31 - One: Choose and Secure your Nonprofit’s Name
2:23 - Two: Appoint a Registered Agent.
2:53 - Three: Select Directors and Officers.
3:57 - Four: File the Certificate of Formation
4:31 - Five: Operating Procedures and Housekeeping
6:31 - Six: Apply for 501(c)(3) status (Federal Tax Exemption)
7:33 - Hire a Professional Service
8:12 - Conclusion & Resources
--------
🎯 *Key Topics Covered*
Understanding Nonprofit Necessity
Not every charitable endeavor requires forming a nonprofit corporation. One-time charity events and fundraisers can be conducted informally. However, long-term goals benefit from formal nonprofit status through advantages like limited liability protection, enhanced fundraising capabilities, and tax exemptions. Clarifies when incorporation is appropriate for your charitable activities.
Name Selection and Requirements
The organization's name establishes its brand identity and must meet specific legal criteria. Details how to select a compliant name that's distinct from existing corporations, avoid misleading terms, and secure both state registration and domain names.
Leadership and Governance Structure
A comprehensive breakdown of the nonprofit's organizational hierarchy, including the board of directors and officers. Emphasizes that 501(c)(3) status requires at least three unrelated directors and explains how the board collectively governs while individual directors lack independent authority. Officers like the president and secretary have specific operational responsibilities defined by bylaws.
Legal Documentation Requirements
Essential paperwork includes Articles of Incorporation, bylaws, and conflict of interest policies. Details each document's purpose and content requirements, particularly emphasizing the organizational meeting where these documents are formally adopted.
Tax Exemption Application Process
Detailed explanation of federal tax-exempt status through Form 1023 ($600) or Form 1023-EZ ($275 for eligible organizations). Outlines prerequisites including EIN acquisition and required documentation. State tax exemption requirements are also addressed, noting variations by location.
Professional Service Option
For those seeking assistance, the section discusses hiring professional services ($50-150 for basic formation, up to $1,700 plus fees for complete 501(c)(3) filing assistance). Benefits include reliable registered agent services, timely report filing, and professional guidance through the formation process.
----------
*Other Resources*
📜 Bylaw guides and templates:
https://nonprofitquest.com/how-to-write-bylaws-nonprofit
🎫 Learn more about How to Name a Nonprofit, both to make it a memorable brand name and to keep it compliant with your state's naming guidelines:
https://nonprofitquest.com/how-to-name-a-nonprofit
🔔 Please like, comment, and subscribe if you appreciate our content, and want to see more!
At TRUiC we are dedicated to providing the most useful information for small business owners, and would love to see your feedback in the comments on what other information you need to help follow your entrepreneurial dreams.
#501c3 #NonprofitFormation #CharitableOrganization #BusinessRegistration #TaxExemption #Nonprofit #LegalCompliance #NonprofitManagement #truic #nonprofitquest #checklist
How to start a nonprofit organization in 2025 - otherwise known as a 501(c)(3) organization. So a nonprofit organization is a business entity in which your goal is not to be profitable but to make money to expand on a social clause.
Book a Tax Services Discovery Call: https://schedule.lyfetaxes.com..../discoveryapplicatio
But we can’t ignore that it has some incredible tax benefits for its members and managers. For example, 501(c)(3) organizations are completely tax-exempt which allows them to use more money towards their desired social causes.
So you win in both ways, you save on taxes and you support your favorite social cause. So in this video, I’m going to show you exactly how to start a nonprofit organization in 2025… step-by-step.
Video Outline on How to Start a Nonprofit:
What is a nonprofit? (0:00)
Benefits of a nonprofit organization (1:50)
Step #1 - 6 BIG questions (4:15)
Step #2 - Choosing a Name (7:13)
Step #3 - Get Incorporated (8:59)
Step #4 - Federal Tax-Exempt Status (12:27)
Step #5 - State Fillings, Compliance, and Reporting (15:16)
BONUS Tip (17:55)
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Hey, I’m Sean with LYFE Accounting. The accounting company that helps people save on taxes and build more wealth. If you enjoyed the video please help me out by giving this a like and subscribe to our channel for more videos.
///
Disclaimer: The information provided in this video is for informational purposes only and is not meant to take the place of professional legal, accounting, or financial advice. If you have any legal questions about this video or the subjects discussed, or any other legal matter, you should consult with an attorney or tax professional in your jurisdiction (i.e. where you live).
Starting a nonprofit organization or thinking about it? Here are a few things you should do first to make sure you’re successful and can make a BIG impact! #Nonprofit #Entrepreneurship #SocialEnterprise
I now work full time for the 501c3 nonprofit I started many years ago and love seeing the social impact we make in our community as we grow. I get asked often about my experience starting a nonprofit and how others can start a charitable organization themselves. There is a lot that goes into it - from creating a business plan and fundraising strategy to measuring outcomes - and you’ll be better off if you start on some of these things before you even come up with the name for your organization!
If you are starting a nonprofit, thinking about it, or know someone who is trying to start a nonprofit, I hope this helps!
// WHAT TO WATCH NEXT
7 Mistakes I Made Starting a Non Profit
https://youtu.be/75rPHdXU5P0
How Successful Nonprofits Fundraise when Starting and Growing
https://youtu.be/-HeFuJRb1N4
Work from Home Jobs for Nonprofits and Social Impact (and where to find them)
https://youtu.be/mVANq9PyyGs
// MORE ABOUT ME
Hi! I’m Amber, a nonprofit founder, Executive Director, and public speaker on social impact, changemaking, nonprofits, leadership, and more. Want me to come speak at your business, college, school, or event or interested in consulting for your nonprofit? Reach out: https://ambermsmith.com/
My Nonprofit Founder to Full-Time Academy is now LIVE: http://foundertofulltime.com/
Check out the link if you're interested in some online trainings to guide you through the steps of starting a nonprofit and more!
On Facebook? Talk to me and other change makers about social change, nonprofits, social enterprise, leadership and more in my Facebook group, Change the World or Bust: https://www.facebook.com/group....s/changetheworldorbu
Join my newsletter! https://ambermsmith.com/blog/newsletter/
I'm also on Twitter: https://twitter.com/ambermelsmith
Pics of me and my cute dog on Instagram: https://www.instagram.com/ambermelsmith/
Starting a nonprofit organization or researching what it would take to start one? Check out a few BIG mistakes I made in my start up nonprofit and DON'T do what I did! #Nonprofit #Entrepreneurship #SocialEnterprise
Don't worry, things turned out okay. I now work full-time for the 501c3 nonprofit I started and love seeing the social impact we make in our community as we grow each year. But looking back, I could have done a few things differently as a nonprofit entrepreneur to get us to the scale we're at now more quickly and with less of a struggle.
If you've started a nonprofit or known someone who has - what mistakes did you / they make along the way that you learned from? Share in the comments below! THANK YOU for checking out my first video - I hope you enjoy!
// MOOORE LINKS
Hi! I’m Amber, a nonprofit founder, Executive Director, and public speaker on social impact, changemaking, nonprofits, leadership, and more. Want me to come speak at your business, college, school, or event or interested in consulting for your nonprofit? Reach out: https://ambermsmith.com/
My Nonprofit Founder to Full-Time Academy -- with online trainings to guide you through the steps to start a nonprofit and more -- is now LIVE! http://foundertofulltime.com/
On Facebook? Join in some pretty cool conversations I'm having with other change makers about social change, nonprofits, business, self-care and more in my Facebook group, Change the World or Bust: https://www.facebook.com/group....s/changetheworldorbu
Join my newsletter! I'll be sharing inspiration, ideas, and resources on changing the world: https://ambermsmith.com/blog/newsletter/
I'm also on Twitter: https://twitter.com/ambermelsmith
Pics of me and my cute dog on Instagram: https://www.instagram.com/ambermelsmith/
Starting a Nonprofit but not sure where to start, what to do after you start, and you want to avoid as many mistakes as possible? In this video we will be breaking down the step by step process on how to start a nonprofit organization in 2024. The ins and outs, do's and don't's and a few tips that you haven't heard anywhere else. This is a MUST watch for all new Nonprofit Founders
How to Start a Nonprofit in 2024 - Step by Step
Download our FREE Nonprofit Starter Kit: Start Your Journey Today
https://stan.store/nonprofitlauncher
Interested in a team of professionals getting your Nonprofit started FOR YOU?
Check out our Done For You Services Offer ⤵️
https://www.thenonprofitlauncher.org/dfyservices
Be sure to Like, and Subscribe for more Nonprofit and Business Content
nonprofit,nonprofit fundraising, nonprofit organization, nonprofit programs, starting a nonprofit
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How do you start a nonprofit if you have no start-up money? #Nonprofits #Nonprofit #StartingANonprofit
If you are starting a nonprofit, thinking about it, or have just started a nonprofit, or KNOW someone who is trying to start a nonprofit, I hope this helps!
// MERCHANDISE
https://ambermelaniesmith.myspreadshop.com/
This shop is dedicated to YOU, fellow changemakers! Grab a tee-shirt, mug, bag, or other gear and go do what you do best: CHANGE THE WORLD! Revenue supports this YouTube channel!
// WHAT TO WATCH NEXT
How to Write a Nonprofit Business Plan | Starting a Nonprofit
https://youtu.be/HXvkz2l2NRM
Starting A Nonprofit: Your First 3 Years (What to Do / Expect!)
https://youtu.be/5ShCah36-W4
10 Nonprofit Startup Terms - How many do YOU Know? (Test Yourself!)
https://youtu.be/SqNFxmWuyIE
// CHAPTERS
00:00 Welcome
00:59 Intro
01:39 Phase 1 - Research
03:28 Phase 2 - Raising Start-Up Funds
14:46 Phase 3 - The Legal Paperwork
// MORE ABOUT ME
Hi! I’m Amber, a nonprofit founder, Executive Director, and public speaker on social impact, changemaking, nonprofits, leadership, and more.
Join my newsletter to receive updates and resources for changemakers and nonprofit leaders: https://tinyurl.com/nonprofitsandchangemakers
FOUNDER TO FULL-TIME ACADEMY: Want some training and guidance on starting a nonprofit (and potentially even working for that nonprofit full-time someday?)? Check out my online training courses at my Nonprofit Founder to Full-Time Academy! http://foundertofulltime.com/
Want me to come speak at your business, college, school, or event? Check out my site: https://ambermsmith.com/
On Facebook? Talk to me and other change makers about social change, nonprofits, social enterprise, leadership and more in my Facebook group, Change the World or Bust: https://www.facebook.com/group....s/changetheworldorbu
I'm also on Twitter: https://twitter.com/ambermelsmith
*Forming a Nonprofit?* Use our free guide or for convenience use a professional service, we have negotiated the best deals for you.
Best Value Bundle Package for nonprofit formation is with Northwest ($29 + state fees)
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For our detailed guide on how to form a nonprofit in all 50 states, go to:
https://nonprofitquest.com
If you use our discount links, you get a discount and we receive a small commission. Thanks for supporting our work!
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A nonprofit corporation can be a great way to help groups of people or organizations that may otherwise may be struggling. The term nonprofit gets thrown around a lot, but what exactly is a nonprofit and how do they work? In this video we will go over what a nonprofit organization is and how they differ from other business structures.
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https://nonprofitquest.com/what-is-a-501c3
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🎗 For our detailed guides on nonprofits in all 50 states, go to:
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What is a Nonprofit Corporation:
0:00 Intro
0:26 The purpose of a nonprofit
1:15 bylaws
1:35 Directors and Officers
2:24 Tax Exempt
2:50 Misconception One - Nonprofits are only run by volunteers
3:19 Misconception Two - Nonprofits may not make a profit
3:53 Do you need to form a nonprofit?
5:21 Summary
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🎯 Key Topics Covered:
Purpose and Definition
A nonprofit corporation is a legal entity that exists for a defined purpose rather than profit generation. Unlike LLCs and traditional corporations, nonprofits are purpose-driven organizations like charities, churches, and social advocacy groups. Explains how excess funds after operating costs go directly to supporting their chosen cause or public benefit.
Organizational Structure
Nonprofits operate with a formal structure similar to regular corporations, including bylaws that serve as the organization's constitution. Details how the board of directors collectively governs the nonprofit while officers (president, secretary) handle specific operational responsibilities. It emphasizes that individual directors have no authority outside the board's collective decisions.
Tax-Exempt Status Benefits
Explains how 501(c)(3) status allows nonprofits to operate without paying taxes on income, maximizing funds available for their cause. Additionally, this status enables donors to claim tax deductions on their contributions, which can incentivize larger donations. The organization can also access benefits like discounted postal rates and enhanced grant opportunities.
Common Misconceptions Clarified
Two major misconceptions are addressed: First, that nonprofits are run solely by volunteers - most have paid staff members, though they must balance salaries with mission fulfillment. Second, that nonprofits can't make profits - they can and should maintain fiscal responsibility while focusing on their mission rather than profit maximization.
When to Form a Nonprofit
Provides practical guidance on when formal nonprofit incorporation is necessary. One-time charity events or fundraisers don't require nonprofit status, but long-term charitable goals benefit from formal incorporation through liability protection, enhanced fundraising capabilities, and tax advantages.
Financial Management
Nonprofits must operate as fiscally responsible businesses while prioritizing their mission over profit. Explains how they manage income from grants, donations, and services while maintaining financial viability and regulatory compliance.
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*RESOURCES*
📜 Bylaw guides and templates:
https://nonprofitquest.com/how-to-write-bylaws-nonprofit
🎫 Learn more about How to Name a Nonprofit, both to make it a memorable brand name and to keep it compliant with your state's naming guidelines:
https://nonprofitquest.com/how-to-name-a-nonprofit
🔔 Please like, comment, and subscribe if you appreciate our content, and want to see more!
At TRUiC we are dedicated to providing the most useful information for small business owners, and would love to see your feedback in the comments on what other information you need to help follow your entrepreneurial dreams.
#nonprofit #whatisa501c3nonprofit #truic #nonprofitquest #checklist #whatisanonprofit #NonprofitBasics #501c3 #CharitableOrganization #NonprofitManagement #TaxExemption #NonprofitStructure #CharitableGiving #NonprofitLeadership
