5013c Help

[cadandcookies]

Originally Posted by sanddrag

We'd like to do a 501c3 to qualify for more grants, but we haven't got it done yet. I would be interested in hearing more from others who have.

2220 has had our booster club incorporated as a 501c(3) since 2011 or so. I'd recommend looking at Section 6 of the FIRST Fundraising Toolkit. Specifically the associated webinars, which have more personal opinions on the process.

The 2220 structure is that the team itself isn't a 501c(3), but the booster club is. This enabled us to avoid the red tape associated with filing all the associated paperwork by using Parent Booster USA, which has a startup fee and then a recurring ($100) fee. We use this in conjunction with an online part ordering system to keep track of funds that go through the organization. We've gotten several grants via our nonprofit status that we wouldn't have been able to get otherwise.

I don't want to sound like I'm plugging it too much, but the FIRST Fundraising Toolkit section has a lot of great information and I'd recommend that you read those whitepapers and watch the associated webinars (they're a total of about an hour, and definitely worth the time). Good luck!