Thursday 10 April 2014

Tips To Help You Start Your Own Non-Profit Business

Non-profit organizations facilitate great ways to contribute to society and make a difference.  If your passion lies in helping others, starting your own non-profit organization is an option you may consider. Starting a non-profit organization is almost similar to starting a business; you need to have a clear objective, original idea and a passion to grow. Below are some tips to help you start a non-profit organization of your own, brought to you by GrantVine, the best grant search engine.

1.      Do your research and identify your niche
Before forming a nonprofit, your first step is to find out if other non-profit organizations are already doing the same or similar work in your community.  If you are just duplicating and existing service, then you will may struggle to attract increasingly limited funding.

2.      Write a plan
Since a non-profit is simply another version of a business, you'll need to develop a solid plan and steer its implementation. A good plan is essential for procuring non-profit funding from donors and the government.
3.      Complete all the paperwork
Ensure your organization is recognized as a non-profit by the IRS and conforms to state laws.
·         File an article of incorporation with your state.
·         Write to the IRS to request nonprofit status. Once you've been approved, you'll need to apply for the same status through your own state.


  • Write a list of bylaws for the organization.
·         Formally register your nonprofit organization with your state and apply for sales tax exemption

Finding funding to start a non-profit organization
Funds are the life line of any non-profit. To effectively raise funds you must be able to communicate your organization’s mission and need. To start up your non-profit, you can explore the following options:
·         You can obtain grants from businesses, foundations and the government. You can also look for grants from your state government.

·         Go to the Grants.gov website.

·         Visit GrantVine at http://www.grantvine.net/ to find 1,000’s of grants for nonprofit organizations.
Starting a nonprofit organization can both serve a worthy community purpose, as well as give you the satisfaction of having done something good for the society, but finding grants is not an easy task. Therefore, increase your chances of finding the right fund for your needs; search GrantVine’s Database today and start benefiting your organization and those it serves.

To know more, or to find assistance with grants such as grants for non-profit organizations,  senior citizen grants, business grants and loans, or home repair grants

                                                                  




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