501(c)(3) Purposes Defined: Education (PART 2 of 8)

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501(c)(3) Purposes Defined: Education (PART 2 of 8)

Рет қаралды 421

Күн бұрын

So, your nonprofit teaches people things? I guess that makes your nonprofit an... educational charity? That just might be true. Today, we are looking at the 501(c)(3) purpose category of education.
📚 ADDITIONAL RESOURCES:
•VIDEO: 501(c)(3) Purposes Defined: Religious (PART 1 of 8) • 501(c)(3) Purposes Def...
•VIDEO: What Is A 501(c)(4) Nonprofit Organization? • What Is A 501(c)(4) No...
•PLAYLIST: IRS 501(c)(3) Purposes Defined (8 Part Series) • IRS 501(c)(3) Purposes...
•BLOG ARTICLE: How the IRS Defines Charitable Purpose www.501c3.org/...
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•Fill out this form for a FREE consultation for nonprofit bookkeeping: www.501c3.org/...
•Register for Fundraising TV: www.501c3.org/...
•Download the FREE eBook “10 Things You Need to Know Before Starting a Nonprofit” bit.ly/3XhFag0
0:00 Introduction
1:08 What Does the IRS Mean by Educational?
1:57 Schools
4:05 Generally Charitable
4:58 Children's Sports Organizations
5:19 Topical Education and Advocacy
6:40 What is NOT Educational
7:49 Conclusion

Пікірлер: 12

@FoundationGroup 2 ай бұрын

If you need help filing for IRS 501(c)(3) status, we’d love to help. Fill out the form at bit.ly/3i6rFxz or give us a call at 888-361-9445.

@shellythie6227 Ай бұрын

I just found your channel, and I truly appreciate it. I know less than nothing about any of this. I'm 62, disabled on SSI, living in the Mojave desert in California. I have an online business idea that I would like to start. I want any $ raised to go towards helping kids go to Christian school and Christian summer camp. My pastor's wife suggested starting a non-profit, an LLC, and a ghost holding LLC since I don't want my name on anything. She thought that the LLC could buy or rent a home for me to live in and run the non-profit and business. For the last 4 years I have lived in a small travel trailer in the desert without electricity, water, or even a toilet. I'm not sure that I will survive another 115°-120° summer. I can't seem to find out what order I start things. Business, non-profit (just saw your video on Foundation not sure which is best for me), LLC, Ghost Holding LLC. Any help will be greatly appreciated!

@FoundationGroup 21 күн бұрын

Sadly, I think you've gotten some well-intentioned bad advice. What you're describing most likely could never work. And even if it could, it is a highly complex structure that you don't want to be responsible for. I would never recommend you go anywhere near that plan. You would be setting yourself up for more headache than you could ever imagine. Blessings! We hope you find some suitable shelter soon!

@waynecmontgomery 2 ай бұрын

Great video Greg !!! I always hit the like button (2) thumbs up. Also, you may need to explain what an NTEE is and why the IRS uses them

@alyssaharris5943 2 ай бұрын

Just don't hit the thumbs up two times lol

@waynecmontgomery 2 ай бұрын

@@alyssaharris5943 I only have 2 thumbs 👍👍

@EttaGregGross 2 ай бұрын

Will there be a video on 501 c4? We are having troubles with club expenses that are strictly for the members, should that be seperate from the 501 c3 eexpenses?

@FoundationGroup 2 ай бұрын

Hi! Maybe this video can help: kzfaq.info/get/bejne/l7OnjMSandmUfmw.html

@clmb511 Ай бұрын

So is the only path to 501c3 status for museums to qualifying via the education purpose category? And if so, what does this mean for museums that are more focused on collections around a non artistic domain (cars, sports memorabilia etc) and how do they show a path to promote the arts?

@FoundationGroup Ай бұрын

We would say that virtually any museum would pass muster as an educational 501c3, even if it's collection oriented. They're still educating the public on the unique contribution that collection has made. Education, which includes promotion of the arts, is VERY broadly defined.