If you are interested in forming a Non-Profit, you need to make sure that you follow of the steps. Failure to do so, may cause either outright rejection or very long delays.
There are NY State Procedures as well as IRS guidelines and procedures that need to be followed. Multiple NYS Agencies require filing at the beginning and prior to solicitation of funds as well as if your entity wants Exemption from sales tax.
You also need to figure out if you will be a membership foundation or a self-perpetuating board.
- Membership Foundation– Your organization has members who elect the Board of Directors. The Officers are elected either by the Board or by the membershio
- Self-perpetuating Board– There are no members. The foundation has a Board which elects its officers and re-elects its members to the Board or adds or substitutes members when their term is up
There are also additional forms that need to be filed throughout the year.
Below is a list of Foundations that Sean has represented and/or helped form
- Staten Island Kiwanis Charitable Foundation– Prepared legal papers for formation and served as a Director for 2 years.
- All Island Kiwanis Charitable Foundation– Prepared all of the legal papers and IRS filings for formation and serve as Director and Treasurer
- Primum Non Nocere Foundation– Prepared all of the papers for formation and IRS approval
- New York District Circle K Alumni Association– Prepared all of the papers for formation and IRS Approval
- NY District Kiwanis International, Inc.– Served as General Counsel and Bylaws Chair from 2014-15, and served as Policies Chair for 2 years 2012-14,
- Poughkeepsie Kiwanis Foundation– Prepared all corporate formation and IRS application for approval
- NY District Key Club Foundation– Prepared all legal papers for formation and IRS Approval