Fundraising for your nonprofit in the start-up phase
Candid
MAY 10, 2021
Reprinted from NEO Law Group. Next, when fundraising, you must inform your donors that your tax-exempt status is “pending” or “in process,” which means, until you receive from the IRS a favorable determination of your 501(c)(3) status, you cannot state that their donation is tax-deductible.
Let's personalize your content