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501(c)(3) Project Analysis for NFHP

501(c)(3) Project Analysis for NFHP. National Fish Habitat Board Meeting Salt Lake City, UT June 25-26, 2013. A Model. Mission/Goals Purpose, Direction. Govern National Fish Habitat Board. Strategy 2 nd Edition Action Plan. Strategic Issues. “Facilitate” 501(c)(3). Manage

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501(c)(3) Project Analysis for NFHP

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  1. 501(c)(3) Project Analysis for NFHP National Fish Habitat Board MeetingSalt Lake City, UT June 25-26, 2013

  2. A Model Mission/Goals Purpose, Direction • Govern • National Fish Habitat Board Strategy 2nd Edition Action Plan Strategic Issues • “Facilitate” • 501(c)(3) • Manage • NFHP Staff $ • Corporate Directors selected by and Responsible to • NFH Board Programs Conservation Delivery by Board and FHPs

  3. Life-Cycle of Charitable Programs

  4. Key Issues Addressed in Analysis

  5. Fundraising Objectives

  6. Branding Objectives

  7. Advocacy Objectives

  8. Span of Control

  9. Sample General and Admin Costs

  10. Long-Term Cost Assumptions

  11. Motion • The National Fish Habitat Partnership staff is charged with working to establish a 501(c)(3) not-for-profit corporation using a phased, check-in approach. A workgroup of Board members is created to work with staff on this project. The workgroup is charged with oversight and with approval for moving to each step.Staff shall work with partners to minimize the start-up costs for the corporation, but may use non-federal funds not to exceed $5,000 to complete the incorporation and tax exemption. If additional funds are required, staff must request approval for that expenditure from the National Fish Habitat Board.

  12. Motion Cont’d The phased approach includes three steps • Project initiation and document creation. • establish a board workgroup • draft and finalize articles of incorporation and bylaws • establish a name • Incorporation. • secure a registered agent • secure a Federal Employer Identifcation Number • select the incorporators and the initial board of directors • adopt a governance model and record keeping system for official records • register with state unemployment bureau • obtain directors’ and officers’ liability insurance. • Tax exempt application. • submit a tax exemption request to secure group exemption for the new corporation and the FHPs • file for state and/or local tax exemptions • file for charitable solicitation • apply for non-profit mailing permit

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