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SO YOU WANT ADDITIONAL FUNDS?. Become a non-profit. GOVERNMENT FUNDING. DEDICATED TO SPECIFIC PROGRAMS UNLIMITED PROJECTS TO FUND LIMITED FUNDS TO GO AROUND. NON-PROFIT FUNDING. DEDICATED TO ONE OR MORE AREAS OF INTEREST MORE THAN ONE FOUNDATION OUT THERE TO FUND YOUR PROJECT, IF NEEDED.
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SO YOU WANT ADDITIONAL FUNDS? Become a non-profit
GOVERNMENT FUNDING • DEDICATED TO SPECIFIC PROGRAMS • UNLIMITED PROJECTS TO FUND • LIMITED FUNDS TO GO AROUND
NON-PROFIT FUNDING • DEDICATED TO ONE OR MORE AREAS OF INTEREST • MORE THAN ONE FOUNDATION OUT THERE TO FUND YOUR PROJECT, IF NEEDED. • UNLIMITED FUNDS FROM UNLIMITED FUNDERS.
WHO RECEVIES GOVERNMENT FUNDS? • GOVERNMENT AGENCIES such as city and county governments---501c4s • AREA DEVELOPMENT DISTRICTS and Chambers of Commerces—501c4s • SOME NON-PROFITS using city or county governments as “applicant agents” where applicable. • FAITH-BASED ORGANIZATIONS---501c3.
WHO RECEIVES NON-PROFIT FUNDS? 501c3s & OTHERS DESIGNATED BY THE IRS http://www.irs.gov/charities/charitable/index.html
STEPS TO BECOMING A NON-PROFIT • DEVELOP AND FILE NON-PROFIT “ARTICLES OF INCORPORATION” WITH SECRETARY OF STATE OFFICE. • DEVELOP “BY-LAWS” FOR ORGANIZATION. • HAVE YOUR FIRST MEETING AS A NON-PROFIT AND RECORD “MINUTES.”
STEPS CONTINUED… • PREPARE ALL NON-PROFIT FORMS. • http://www.irs.gov/charities/charitable/index.html • DEVELOP A MISSION STATEMENT TO DEFINE YOUR ORGANIZATION. • OBTAIN A TAX ID NUMBER (EIN)
YOU ARE ISSUED A CERTIFICATION LETTER AFTER: • THE IRS REVIEWS AND APPROVES YOUR APPLICATION. • OR • IF THERE ARE QUESTIONS, OR PROBLEMS WITH THE APPLICATION, THE IRS WILL NOTIFY YOU TELLING YOU WHAT THEY (IRS) WANT TO KNOW. AFTER CORRECTIONS ARE MADE, THE 501c3 DESIGNATION LETTER WILL ARRIVE.
CONGRATULATIONS!!! • YOU ARE NOW READY TO FIND THE ADDITIONAL FUNDS YOU NEED. • THEN APPLY FOR FUNDNING.
WHEN SEARCHING FOR FUNDS • THERE ARE TWO EXCELLENT WEBSITES TO VISIT: • THE FOUNDATION CENTER: • http://foundationcenter.org/
RESEARCH • THE GRANTSMANSHIP CENTER: • http://www.tgci.com/
GRANT WRITING COURSES • BOTH RESEARCH AND GRANT WRITING COURSES ARE AVAILABLE THROUGH THE: • FOUNDATION CENTER • & • GRANTSMANSHIP CENTER
ORANIZATIONS • AMERICAN ASSOCIATION OF GRANT PROFESSIONALS • http://www.grantprofessionals.org/ • ASSOCIATION OF FUNDRAISING PROFESSIONALS • http://www.afpnet.org/
QUESTIONS ??????? THANK YOU!