What are the legal requirements for starting a charity?
An example of an AI chatbot conversation about navigating legal requirements for charities.
What are the legal requirements for starting a charity?
To start a charity, you typically need to register with the government, create a governing document, and apply for tax-exempt status.
What documents do I need to register my charity?
You'll need a governing document, such as a constitution or articles of incorporation, and a list of your board members.
How do I apply for tax-exempt status?
You can apply for tax-exempt status by submitting Form 1023 to the IRS, along with your governing documents and a detailed description of your activities.
Are there ongoing compliance requirements after registration?
Yes, charities must file annual reports, maintain accurate records, and adhere to fundraising regulations.
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