Services

Live in the world but be not of it.

 

THE START UP PROCESS:

Share your charitable purpose and vision and your humanitarian focus areas, and request an Application.

Choose a name(s) which we will check for domestic and global uniqueness.  Choose Trustee(s).

Submit the Application and funds.

We will provide your new Foundation's EIN, M-F mornings, and send to you via email attachment.  With this and your founding document you can open a Foundation bank account.

Your founding document will be mailed to you for you to sign with a notary.

You have a functional Foundation within a few days.

 

WHAT WE PROVIDE:

Assistance in identifying your mission and purpose

Suggestions on how to decide on a name for your Foundation

Creating the founding document (you and your Trustees will need to notarize your signatures)

Obtaining the EIN identifying number

Filing in Nevada and the first year fee (another notarization by the Founder only)

Paperwork to enable you to open your Foundation's bank account

Binder with your Foundation’s Seal and a place to store Minutes of Annual meetings

Teaching you and your Trustees how to use, manage and run your Foundation and what the rules are which must be followed, and this webinar is vital to your success

Permanent lifetime support and consulting help

A fund raising workshop to empower you to be able to locate, identify and communicate with sources of funds who are compatible with your purpose and mission, and who are good candidates for donations to your Foundation (one workshop is included; others are available)

Preparation of Form 1023, the formal application to the EO-IRS for your official tax exempt status, ready for you to sign and mail to the IRS Exempt Organizations office, in order to receive your Foundation’s official tax exempt status recognition

 

SUPPORT:
Access to our group of professionals for 990PF preparation, and for extensive or specialized legal advice or investment services above and beyond the norm

Lifetime support and assistance.  It is in our best interest as well as yours to have you be successful.

 

WHAT THE ONE-TIME FEE INCLUDES:
All of the above.

WHAT THE ONE-TIME FEE DOES NOT INCLUDE:
The IRS/EO fee ($400 or $850 at this time, depending on your proposed budget numbers) that is submitted with your Form 1023, because we feel this check should be written from your Foundation’s bank account

Any additional work necessary to address follow-on questions regarding your Form 1023, on an hourly fee basis.  Until now we have never enforced this charge and have done all responses required for free.  This may change in the future.

Fees for 990PF preparation (not needed till May 15 of the second year after establishing your Foundation) and for any specialized legal or investment advice and services above and beyond the norm

Annual fee to renew your Foundation's Nevada filing, beginning in the second year, which currently is $100 per year.

REQUEST AN APPLICATION or SIGN UP FOR OUR NEWSLETTER:
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You are what you contribute.
Liza Minelli, quoting her mother Judy Garland

 

 
WHAT IF I WANT SOMEONE ELSE TO SET UP MY FOUNDATION?  WHAT QUESTIONS SHOULD I ASK IN ORDER TO RECEIVE AN ENTITY THAT SERVES MY VISION AND MY CHARITABLE MISSION?

How many private charitable foundations have you created? 
How long have you been doing this service for people?
What is the source of the creation document?
Is it a Trust format, and therefore potentially sovereign if filed correctly, as well as statutory?  Or a Corporate format?
What state will my foundation be domiciled in?  What are their rules about sharing information?  What are the annual fees?
Will my foundation be listed on their Secretary of State's website?
Do you apply for the EIN for my foundation?
What is your preferred method of communication?  What is your time frame for returning calls?  Do you answer questions completely and clearly?  Can I trust you to follow through?
Do you have references I can call?
It is my sense that every Foundation is different because the vision of each Founder is personal and unto itself.  How do you deal with each Foundation's uniqueness?
Do you provide a completed-ready-to-mail Form 1023?
Do you provide responses, ready to print and mail, to the questions that follow submission of the Form 1023?  Do you have a limit as to the number of responses you provide?
Do you guarantee IRS-EO approval as a 501(c)(3)?
Do you teach the rules to follow?  What is your method for doing so?
Do you run workshops for Trustees?
Do you provide referrals to competent and experienced CPAs. non-profit consultants, non-profit attorneys, and other non-profit financial professionals?
Do you provide support and mentoring to do your best to be sure my entity and I are successful?
Do you assist with funding and fundraising?