What is the difference between a Private Foundation and a Public Charity?

September 12, 2014

All organizations that are described in Section 501(c0(3) of the Internal Revenue Code are either public charities and private foundations.  The Internal Revenue Service classifies an organization as a private foundation, unless the organization can demonstrate that it qualifies as a public charity.  Because there are different rules that apply to public charities and private foundations, it is important to be able to identify whether an organization is a public charity or a private foundation.

Private foundations – normally receive substantially all of their contributions from relatively few sources and often rely on investment earnings as their source of ongoing support.

Public charity – they are publicly supported” (i.e. derive a substantial portion of its financial support from the public) or functions to “support” one or more organizations that are public charities.  Specifically, an organization may qualify as a “publicly supported” organization because it does one of the following:

*  Caries on specific activities identified by statute (e.g. activities carried on by churches, educational organizations, colleges and universities, hospitals and medical research organizations and governmental units).

*  Is supported substantially by financial support form government agencies and the general public.

*  Is supported substantially by gross receipts form its exempt activities, and does not receive more than one-third of its support from investment income.

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Karmen A. Booker is an Attorney, Business Consultant and Owner of Compu-Perfect Professional Services, a business consulting firm specializing in Business Entity Formation (Corporations, Limited Liability Companies, and Nonprofit Corporations), Completing 501(c)(3) Federal Tax Exemption Applications, Grant Research and Writing services, and more.

She is also the author of the “Nonprofit Handbook”, that provides strategies and tips for your Nonprofit 501(c)(3) Organization.  This Handbook is a valuable resource for all Nonprofit Organizations who desire to use effective tools that will undoubtedly yield quality services for their target markets.  Click  her to GET YOUR COPY TODAY

Nonprofit Handbook Cover


E-books

August 29, 2014
e-book Resources That Will Help Your Nonprofit Run Efficiently are:

 

 The Nonprofit Board is an e-book developed by Attorney Karmen A. Booker.  It discusses the following:
*  Are You Considering Being on the Nonprofit Board

*  Recruiting Nonprofit of Members*  Getting Nonprofit Board Members

*  Legal Responsibilities of Nonprofit Boards

*  Getting Commitment from Nonprofit Board Members

*  Effective Nonprofit Board Leadership

*  Tips for Having an Efficient Nonprofit Board Meeting

*  Job Descriptions

It also has a Sample Nonprofit Board Survey Letter and a Sample Nonprofit Board Survey.“The Nonprofit Board” is a valuable resource for all Nonprofit Organizations who desire to discover information and tools that will help them recruit committed Board members and maintain organization efficiency through the Board.  GET YOUR COPY NOW – on SALE for $9.99

Just click on the BUY NOW button below

The Nonprofit Board

 
Attorney Karmen A. Booker has developed the “Nonprofit Sample Templates” e-book that provides templates for the following:
  • Sample Mission Statements
  • Sample Business Plans
  • Sample Donor Solicitation Letter
  • Sample Thank You Donor Letter
  • Sample Press Release
  • Sample Letter of Inquiry
  • Sample Corporate Donation Letter
  • Sample Board Member Application
  • Sample Board Member Agreement
  • Sample Volunteer Application
  • Sample Volunteer Agreement
  • AND MORE
The Nonprofit Sample Templates is a valuable resource for all Nonprofit Organizations who desire to use effective tools that will undoubtedly help them acquire funding and provide quality services for their target markets.

GET YOUR COPY NOW  on SALE for ONLY $9.99

Just click on the BUY NOW button below

Nonprofit Sample Templates Binded

 

Attorney Karmen A. Booker has developed an E-book called “Fundraising for Nonprofits”.  It  provides Fundraising Tips that include but are not limited to:

  • Developing a Fundraising Plan

  • Writing a Fundraising Letter

  • Over 15 Specific Fundraising Projects such as selling advertisement space in your newsletter and on your website, and more.

Get Your Copy NOW for $5.00

Just click on the BUY NOW button below.

Fundraising for Nonprofits Binded

 

“How to Hold Successful Fundraising Events” is an e-book developed by Attorney Karmen A. Booker.  It discusses:

Choosing What Type of Event to Host

Setting Up an Event Host Committee

Setting the Ticket Price

Planning the Event

Event Speakers

Ticket Selling Structure

Finding Attendees

Turning Pledges Into Dollars

Fundraising Event Checklist

Get Your Copy NOW on SALE for ONLY $9.99

Just click on the BUY NOW button below.

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Attorney Karmen A. Booker has developed the “Corporate Sponsorship Guide“ where  YOU will Learn:

*  How to Draft a Solicitation Letter

*  What Corporate Sponsors are Looking for in Charitable Events*  The Best Way to Approach Prospective Sponsors*  Where to Start

NOTEIncludes an 8 Step Guide and templates and samples of Corporate Sponsorship Solicitation Letters.

 

Get Your Copy NOW on SALE for only $9.99

Just click on the BUY NOW button below.

Corporate Sponsorship Guide Cvr


Do I have to File for Tax Exempt Status to be a Nonprofit?

August 22, 2014

No.  Incorporating in the state in which the Nonprofit organization will be located qualifies as a Nonprofit Corporation. However, the benefits of filing for tax exempt status are:

1.             The organization is exempt from having to pay federal taxes on income it receives.

2.             Donors (monetary contributors) are able to take a charitable deduction for their donations on their personal tax returns.

3.             The 501(c)(3) Federal Tax Exempt Status organization can apply for state tax exemption and real property tax exemption for real property that the organization owns.

4.             The 501(c)(3) Federal Tax Exempt Status organization can apply for GRANTS (Free Money) to fund their programs.

For example, suppose you wanted to operate a community development center, which provides tutoring for school-aged children, GED preparation, and computer training.  Well, you definitely cannot rely on donations from the public at large, and therefore need an alternative source of funding.  That alternative source of funding is grants.

There is definitely a sustainable Network of Effective Funders across the United States where corporations and foundations leverage public and private funds to disburse GRANTS TO COMMUNITY ORGANIZATIONS that provide direct services to children, youth, and their families.

However, the key is to reach out and help the community by establishing a nonprofit organization.  Compu-Perfect Professional Services, owned by Karmen A. Booker can help you write your vision, make it plain and fund your vision.  We can assist you from Start to Finish in establishing your nonprofit organization and securing your 501(c)(3) status, and obtaining GRANTS (Free Money) to help fund the nonprofit’s programs and services.  We are offering Special Discounts, so  contact us at (301) 408-1082.

Karmen A. Booker is an Attorney, Business Consultant and Owner of Compu-Perfect Professional Services, a business consulting firm specializing in Business Entity Formation (Corporations, Limited Liability Companies, and Nonprofit Corporations), Completing 501(c)(3) Federal Tax Exemption Applications, Grant Research and Writing services, and more.

Mrs. Booker has 18+ years experience,and has established hundreds of nonprofit organizations in Georgia,Florida,Louisiana, Maryland, Mississippi, North Carolina, New York, Texas, Virginia, and Washington, DC and assisted them in getting through the technical and arduous maze of the 501(c)(3) tax exemption application.  She has a 100% success rate in 501(c)(3) approvals. CALL her TODAY at (301) 408-1082.



Five Tips That Help Produce a Great Nonprofit Board – Getting Your Board Members on Board

August 15, 2014

1. Select Wisely

Wisdom, integrity and commitment, are critical. Therefore, select people to serve on your board who truly believe in who you are, what you do, how you do it, and who care enough about your organization to go into the community and actively persuade others to support your work.

2.  Articulate Your Expectations

Before bringing them on board, let them know your expectations and their responsibilities.

3. Create a “Messaging Package”

Everyone affiliated with your organization needs to “stay on message” when it comes to explaining to others what your organization is all about. Therefore, create a “messaging package” that includes a positioning statement, or “elevator speech,” as well as supporting statements that clearly articulate your organization’s key messages.  Be sure that everyone in your organization knows what those messages are.

4. Encourage Board Members to Deliver Your Messages to the Community

Once board members understand your brand messages, encourage them to speak in front of local civic organizations such as the Chamber of Commerce, YMCA, YWCA, and church groups to tell their colleagues and families about your organization and the important work it performs in your community. These are all effective and cost-free branding opportunities that many organizations overlook.

5. Get Your Board Members to Work as a Team

Board members need each other’s support, and need to know each other as colleagues who share a common mission. If they exchange ideas at regularly scheduled board meetings and informally between meetings, they are more likely to promote the organization’s mission and support its fund-raising activities.

* * * * * * * * * * * * * * *

Karmen A. Booker is an Attorney, Business Consultant and Owner of Compu-Perfect Professional Services, a business consulting firm specializing in Business Entity Formation (Corporations, Limited Liability Companies, and Nonprofit Corporations), Completing 501(c)(3) Federal Tax Exemption Applications, Grant Research and Writing services, and more.

The Nonprofit Board is an e-book developed by Attorney Karmen A. Booker.  It discusses the following:

*  Are You Considering Being on the Nonprofit Board

*  Recruiting Nonprofit of Members

*  Getting Nonprofit Board Members

*  Legal Responsibilities of Nonprofit Boards

*  Getting Commitment from Nonprofit Board Members

*  Effective Nonprofit Board Leadership

*  Tips for Having an Efficient Nonprofit Board Meeting

*  Job Descriptions

It also has a Sample Nonprofit Board Survey Letter and a Sample Nonprofit Board Survey.

“The Nonprofit Board” is a valuable resource for all Nonprofit Organizations who desire to discover information and tools that will help them recruit committed Board members and maintain organization efficiency through the Board.

The Nonprofit Board

 

GET YOUR COPY TODAY on SALE for only $9.99.  Just click on the Buy Now button below.


Checklist for Building Nonprofit Capacity Building

August 8, 2014

This checklist can help nonprofits become clearer about what organizational issues need attention.  Issues to review on a regular basis include:

Planning - Is the organization working from a strategic plan and tracking progress?

Programs and Services – An organization needs to be able to show that programs and services have been offered based on community need and consumer feedback. Programs need to demonstrate effective outcomes, and use of effective practices.

Board –  Is the board focused on governance: policy, fiscal oversight and fund raising. The board should not be involved with day-to-day management, and should be very strongly engaged in fund raising with donors and special events.

Staff -  Having a staff considered to be experts in their fields makes a huge difference in organizational effectiveness. Low staff turnover and high staff engagement in planning and feedback are important.

Volunteers - Many agencies can recruit student interns, Americorps/Vista volunteers, and community volunteers.

Finance – Organizations need to do financial planning that is responsive to the current economic challenges. Budgets should reflect anticipated cuts from contracts and grants. Directors  and the Finance Committee should review income and expenses on a regular basis and recommend changes as needed.   The organization should develop a system for decrease in donor contributions and decrease grant funding.

Fund Raising – The organization should analyze where there might be new opportunities for institutional giving (foundation grants, government contracts, civic or faith community gifts). However, the place where many organizations will find the greatest potential will be with increasing donor income, especially income from major donors. Donors provide about 85% of all giving in the U.S., according to Giving USA, which means, they are an important source. Moreover, many donors will probably find that their finances are improving during 2011, and will engage in more charitable giving.

Use this checklist with board and staff. Develop a plan to build strength in each of these areas and track progress.

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Karmen A. Booker is an Attorney, Business Consultant and Owner of Compu-Perfect Professional Services, a business consulting firm specializing in Business Entity Formation (Corporations, Limited Liability Companies, and Nonprofit Corporations), Completing 501(c)(3) Federal Tax Exemption Applications, Grant Research and Writing services, and more.

Attorney Karmen A. Booker has developed a Report entitled “Fundraising Tips”, which provides information regarding:

  • Developing a Fundraising Plan
  • Writing a Fundraising Letter
  • Specific Fundraising Tips such as selling advertisement space in your newsletter and on your website, and more.

GET YOUR COPY TODAY for Only $5.00 - http://store.payloadz.com/go?id=785511

She is also the author of the “Nonprofit Handbook”, that provides strategies and tips for your Nonprofit 501(c)(3) Organization.  This Handbook is a valuable resource for all Nonprofit Organizations who desire to use effective tools that will undoubtedly yield quality services for their target markets.  GET YOUR COPY TODAY by clicking on the Nonprofit Handbook Cover on the right sidebar of her blogsite – www.howtostartanonprofitorganization.wordpress.com


One-on-One Consulting

July 24, 2014
 

Thank you for visiting my Nonprofit Site.

By coming to this page, you probably have questions about nonprofits, board governance, grants, fundraising, strategic planning, etc.

In an effort to better accommodate the requests, we distribute FREE Articles bi-weekly through this Blogsite.  SUBSCRIBE TODAY.   By SUBSCRIBING you’ll also be informed when we are hosting our FREE monthly Teleseminars, where Attorney Booker discusses topics ranging from nonprofit business development, strategic planning, corporate sponsorship, how to get donors, fiscal sponsorship, board governance,  and so much more, including questions about the Board of Directors, i.e., can you pay your board members, etc.

Attorney Booker is available to advise you through a One-on-One appointment (see Non profit Coaching rates below).

Non profit Coaching Consultation:

If you prefer a One-on-One consultation, the consulting rate is $150/hour (minimum 1-hour charge).  After the first hour, consulting will be billed at 30 minute intervals ($75.00/half hour).

It doesn’t matter where you are in the world, Attorney Booker has aided in forming and consulting countless nonprofits throughout the United States and some operating globally. 

1.  Aimes-Afrique (Maryland / Togo)

2.  Hephizabeh Today (Virginia / Haiti)

3.  Elohim Ministries International (Maryland / Nigeria)

4.  El Shaddai Empowerment Services (Maryland / Cameroon)

5.  Hopeful Horizons Charitable Foundation (Virginia / Ghana)

6.  In Step Seniors (Washington, DC)

7 .  Jardins d’Eden  (Maryland / Ivory Coast)

8.  Mountain of Hope Global Prayer Outreach Networking Ministries (New York)

9.  Try God Ministries, Inc. (Mississippi)

10.  Chabash International Health Foundation (Louisiana)


To schedule an appointment, select the Buy Now button below for either an afternoon or evening consultation (Eastern Standard Time).  All appointments are virtual via Conference Call or Skype.

After the first hour, additional charges will be assessed at 30 minute intervals.

You’ll receive a link to schedule your One-on-One Consultation as soon as you register by clicking the Appropriate Buy Now option.

Don’t hesitate to call our office with any questions at 301-408-1082. 

Thank you,

Attorney Karmen A. Booker, Nonprofit Coach / Consultant

 

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Nonprofit Coaching

June 27, 2014

Have you been wanting to start a nonprofit and have no idea where to start?

Do you have an idea for a nonprofit, but don’t know how to develop your vision or mission?

Do you need support and guidance in building your nonprofit from the ground up?

Do you wonder how to get committed board members for your nonprofit and how to have effective board member meetings?

Are you looking for ways to get donors who give consistently throughout the year?

 If the answer to any of these questions is “YES”, then I invite you to join me as a participant in my Nonprofit Coaching Program.

JOIN Attorney Karmen A. Booker to discover key factors for building and developing a Nonprofit Organization by registering for her monthly individual coaching program OR  3-month Group Coaching Package.

Attorney Booker will teach you:

  • How to Develop Your Vision / Mission for Your Nonprofit Organization
  • How to Build your Nonprofit’s Board of Directors and the Legal Responsibilities of Board of Directors
  • How to Use Volunteers and Tips to Keep Them Coming
  • Strategic Planning for Nonprofit Organizations
  • Fundraising Tips and Strategies
  • Getting Charitable Donors for your Nonprofit

You Will also Receive a FREE COPY of Attorney Booker’s Book, “Nonprofit Handbook”, which provides strategies and effective tools for your Nonprofit Organization that will yield premium quality services for those you serve.

Take Advantage and Register for Attorney’s Individual Coaching Package – $249.00 per month

          OR

 3-month Group Coaching Package – $599.00

 Register here, before we run out of space (Only 50 spaces are available):  http://howtostartanonprofitorganization.wordpress.com/coaching/

This is a GREAT OPPORTUNITY to learn what it takes to establish a nonprofit organization, maintain an existing nonprofit organization and Take it to the Next Level, so you can help transform the lives of others (men, women, youth, and children)  through your nonprofit programs and services.

Oh, and let me mention this . . .

You will undoubtedly reap the benefits of Nonprofit Coaching, which are:

  • Increased task completion in a timely manner and productivity
  • Improved skills and fundraising skills
  • Improved relationships with officers and board of directors
  • Increased ability and confidence in exercising leadership on a daily basis
  • Improved ability to move the organization towards its goals and vision

You’ll receive your APPLICATION for the Nonprofit Coaching as soon as you register here:  http://howtostartanonprofitorganization.wordpress.com/coaching/

Please know that allotted spaces for the Coaching Session is extremely limited in that there are only 50 spaces available for the 3-month Group Coaching Session.  As you can imagine, allotted spaces will fill very quickly, so you’ll want to act now.

Please make it a priority to join me so we can help you establish and maintain your Nonprofit Organization and Take it to the Next Level.

P.S. Yes, by all means please forward this email to as many of your friends and associates as you’d like, so they too can register using the link below, but please remember to register ASAP, so we don’t run out of space.

http://howtostartanonprofitorganization.wordpress.com/coaching/

Nonprofit Coaching Flyer

$249.00  per month

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$599.00 – 3 month group coaching package (Save $148)

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Cost effective  2 installment payment plan for the 3 month group coaching package – 2 payments of $299.50

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