Is 501(c)(3) for Me? For Community Groups Interested in Becoming a Nonprofit - City Parks Foundation

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  • Partnerships Academy
  • Workshop
  • Free
Is 501(c)(3) for Me? For Community Groups Interested in Becoming a Nonprofit
Hosted by Partnerships Academy

Tuesday, May 25, 2021

6:00 pm - 7:30 pm

The rewards of starting a nonprofit are enticing: tax-exempt status, expanded grant opportunities, and tax-deductible contributions. Beneath these advantages are complicated logistics and costs which often beg the question—does incorporation make sense at this time?

This webinar, co-led with Lawyers Alliance for New York, will go step-by-step through the process of incorporation and tax exemption, leaving you with a better picture of whether or not 501(c)(3) is right for you. We will also discuss alternatives to starting a nonprofit, such as seeking fiscal sponsorship.

Join us to learn:

  • What it takes to form a nonprofit and the requirements needed to grow and sustain it.
  • The pros and cons of a fiscal sponsorship arrangement.
  • More resources to help make a decision for your group.

Featured speaker:

Rafi Stern is the staff attorney responsible for Lawyers Alliance’s Economic Opportunity program area, assisting community development and nonprofits that are providing investment capital and credit services, pursuing earned revenue activities, stimulating and revitalizing commercial activity, and sponsoring job training and job placement programs in New York City.

Registration for this session is required and will close the day before the event. You will receive information on how to join the webinar once you register. If you have any questions, contact us at academy@cityparksfoundation.org.

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