I'm thinking of starting an organization aimed to help the homeless. Any ideas?
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I wanted to start an organization that gave blankets to the needy, but there is already an org. called blankets for the homeless. Any ideas? i really want to keep this geared towards ...show more
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Answer:
I understand and applaud your desire to help the homeless. However, it is hard, hard work starting up and running a new non-profit organization. If there are already organizations helping the homeless in your city, why not volunteer with them? They are always looking for people to help in many ways, especially raising money, which you would have to do if you started your own organization. Do a little more research and see if you can find one that meets your objectives.
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Other answers
I'm so tired of seeing this question here. You may be capable and sincere, but there are some things you need to know. 1. A nonprofit is not a get-rich-quick scheme. It requires an enormous amount of time and work to get if off the ground, and able to sustain itself. 2. There are THOUSANDS of regulations. Yes, really. 3. The nonprofit CORPORATION is tax exempt. Employees still pay taxes under the same rules as everyone else. 4. It is a waste of everyone's time and money if you plan to reinvent the wheel. There are most likely hundreds of other nonprofits already out there doing the same work that you plan to do. You should find a few and volunteer. You have a lot to learn. 5. People are not going to hand you buckets of money just because you have a "charity". Like I said, you may be the exception, but I see so many pie-in-the-sky dimwits here. But if you insist. There is no "best way". There is only one way. First, you have to incorporate in your home state. That takes weeks and $hundreds$. Then you apply to the IRS for tax exempt status. That's several more weeks. THEN you begin fundraisiing. That's months. Meanwhile, you establish your by-laws, board of directors, staff, and internal policies. You will need an office, accounting system, bank accounts, and insurance. THEN you begin your work. Then you continue fundraising. Then more fundraising. Then even more fundraising. Then you do some more work. Then you apply to foundations for money. The foundations will come to your office and tell you you're doing it all wrong. Then you file reports with the government. Then you do some fundraising. Then more work. go to www.irs.gov. Click "charities and nonprofits" go to www.usa.gov click "for businesses and nonprofits" go to www.foundationcenter.org lots of info there. Good luck.
Pat
I think it would be sweet if someone helped homeless people sign up for bank accounts at credit unions. I often see them wasting their money at "check-cashing" stores and payday lenders. Seems like this would be a good thing to do. Good luck!
College Guy
If you really want to help the homeless, go build houses with Habitats for Humanity :p
Cheesenugget
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