Message Font: Serif | Sans-Serif
No. of Recommendations: 0
You should be able to complete the paperwork for 501(c)3 status in less than a year, but your application will be a bit more challenging because you're already in existence and you have to document what you've done in the past few (I don't remember the specific number) years. The key is to get some volunteers who will devote significant effort to the process. It also helps to have someone with at least a passing familiarity with the IRS and its procedures.

Print the post  


In accordance with IRS Circular 230, you cannot use the contents of any post on The Motley Fool's message boards to avoid tax-related penalties under the Internal Revenue Code or applicable state or local tax law provisions.
What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.