VSI Blog: News & Info for Launching Your New Public Charity

Everything listed under: How to start a charity?

  • Post Thumbnail

    Top Eight Tax Tips about Deducting Charitable Contributions

     When you give a gift to charity that helps the lives of others in need, it may also help you at tax time. You may be able to claim the gift as a deduction that may lower your tax. Here are eight tax tips you should know about deducting your gifts to charity:Qualified Charities.   Read More...

  • Post Thumbnail

    25 hours or 25 minutes?

      The legal requirements and paperwork associated with forming a non-profit can seem like a daunting challenge - in fact, it will take the average person about 25 hours to figure out how and where to file for state incorporation, find a resident agent, file for an EIN, fill out the various IRS tax forms and schedules, and create the necessary online accounts. You can spend that 25 hours if you like, spend thousands of dollars on a lawyer, or spend just 25 minutes hiring Voluntary ...  Read More...

  • Post Featured Image
    Post Thumbnail

    Don't Lose Your Charity Status

    As a public charity it is crucial to be up to date on all IRS state filings. This year, the IRS form 990 or annual exempt organization return is due on May 15th for calendar year taxpayers. According to the IRS, 16% of all non-profit organizations lost their tax-exempt status in 2010.   Read More...

  • Testimonial: CURE-DC Foundation is now in business

    Scott of the CURE-DC Foundation had this to say about their incorporation experience: “The challenges of setting up a non-profit seemed insurmountable to us. There was far too much paperwork and it all seemed so confusing. The other options we looked at, like hiring an attorney, were cost prohibitive.   Read More...

  • A Year for Giving: The Prospects of 2016 and Beyond

    The NonProfit Times is reporting on projections published by The Lilly Family School of Philanthropy at Indiana University-Purdue University, that in 2016 and 2017 non-profit organizations will continue to see substantial growth in annual charitable giving. Follow the link below to read more: http://www.thenonprofittimes.com/news-articles/giving-study-projects-consecutive-yearly-hikes/Turn Your Passion for a Cause into a Career!   Read More...

  • Why Apply for Tax-exempt Status?

    Many small charitable and educational initiatives will eventually reach a point in their growth when it becomes necessary to consider incorporation and filing for tax-exempt status. Here is a great 60-second crash course on the advantages and disadvantages of tax-exempt status: http://grantspace.org/tools/knowledge-base/Nonprofit-Management/Establishment/pros-and-cons If you have any questions, please send us an email at info@voluntarysolutionsdc.com!Turn Your Passion for a Cause into ...  Read More...

Voluntary Solutions International  |  1709 19th Street NW, Suite 33, Washington, D.C. 20009  |  202 . 308 . 8114

Copyright © 2018 voluntarysolutions. All rights reserved.