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Wednesday, September 8, 2010

REASONS FOR INCORPORATING


REASONS FOR INCORPORATING

1. Your group intends to become a permanently established not-for-profit
organization.
2. The mission you are pursing has a charitable purpose.
3. Your group needs to raise $5,000 or more a year.
4. You want to make grant applications to private entities, foundations or
government, to have fundraising activities or you will be charging a service fee.
5. You have or wish to hire employees.
6. The group owns or plans to purchase significant equipment or property.
7. You contemplate entering into a contract, such as a lease.
8. Your members, board and/or officers need or desire protection from liability for
the group's activities.

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