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The following is a guest post. Enjoy!
Can Your Organization Become A Charity?
The kind of causes that are established as ‘for the public benefit’ can be anything from supporting the arts to helping to relieve poverty. For a comprehensive look at what qualifies, read the Charity Commission’s guidelines. If your cause doesn’t quite come under already specified, beneficial causes, you may want to consult a lawyer before proceeding further.
The Business Of Charity
Draft up a constitution or ‘governing document’ that details what you want to achieve through your charitable works and how the organization will be run. For more guidance on how to prepare your governing document, head to the Charity Commission’s website. You should factor in tax and legal costs here, as you establish your corporate charity. Like any business, you should have your own account and company plan.
Charity Commission, Are You Necessary?
Choosing Your Trustees
How about you all? Have you ever set up or know any one that has gone through the steps of officially creating a non-profit/charity?
Was it harder or easier than you would expect?
Share your experiences by commenting below!
***Photo courtesy of http://upload.wikimedia.org/wikipedia/commons/f/f7/Contract_signing.jpg