For the Civic-Minded: How to Set Up Your Own Nonprofit
Featured In: NewsMax | Written By: Lee Barney | Featuring: Kenneth Rubinstein | Counsel at Gallet Dreyer & Berkey, LLP
If there is volunteer or charity work you are doing or would like to do — that you are enthusiastic about and that fulfills you — what about starting your own nonprofit organization? A 501(c)3 nonprofit is a tax deductible business that supports work to benefit society, and it is typically formed either as a registered nonprofit business, or, more formally, as a foundation.
You might be surprised to learn that leading organizations that have become the fabric of American society are organized as 501(c)3 nonprofits. This includes the YWCA, the American Red Cross, AARP, The Salvation Army, Boy Scouts of America, Girl Scouts of the USA, Easter Seals, and Planned Parenthood. Supporters of public broadcasting, whose names scroll on your screen at the close of a show (such as The Chan Zuckerberg Initiative that Meta founder Mark Zuckerberg runs with his wife or The Ford Foundation) are also likely to be 501(c)3s.