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URL:  http://boards.fool.com/501c3-formation-30789760.aspx

Subject:  501(c)(3) formation Date:  7/22/2013  7:10 PM
Author:  Bob78164 Number:  118902 of 121338

My brother and some of his business friends have been raising money for the last few years for leukemia research. They have been reasonably successful at this endeavor, bringing in maybe $20,000 per year for this cause.

He now would like to run a raffle to raise additional funds for this cause, and his understanding is that under local law (New Jersey), he needs to form a 501(c)(3) organization to do so legally. He has requested my help with the appropriate IRS forms.

Can someone point me in the right direction? As soon as possible, I'd like to either get this taken care of or inform my brother that the assistance he's requesting is beyond my competence. Thanks. --Bob
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