Career Questions and Answers
Can a State recognized non-profit ask for donations or do they have to wait to get 501 (c) status first?
Asked by Edy Z
We have started a non-profit (going on 5 months so far) and have yet to send in the paperwork to the government (501-3(c) paperwork). We have individuals that want to donate and do not care about a tax deduction. I just want to know if its ok to take monies to help our organization grow. Thank you for the help.
A:
Best Answer:
Yes it is OK they just can not put the donation on their taxes. If they continue to donate after your ruling those funds can be used on their taxes.
A:
Yes you may accept voluntarily given donations. You cannot solicit them or give a tax receipt till you get your tax exemption certificate
Answered by Worldly25
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