Creating a Nonprofit Organization during COVID-19
Coronavirus has created many challenges for financial businesses and even organizations whose primary goal isn’t to make a profit. However, we have learned to innovate and create environments that thrive given the circumstances. Although making a nonprofit organization during a pandemic can seem like a daunting task, many resources are available to aid in successful creation. The National Council of Nonprofits has provided a continuously updated hub of resources for those struggling with the impact of COVID-19. Cooperation and community understanding are the essence of what helps stop the spread and strengthen resilience. For those forming a new charity, thinking about collaborating with those already pursuing safety measures might be a good start.
Finding Partners
The Council on Foundations has published an existing list of organizations addressing and engaging in pandemic response. Establishing a partnership with an existing nonprofit can help maximize efficiency and boost community support. However, if this is an idea you would rather ride solo, researching how these organizations have dealt with these obstacles can help pave the way for a more solid foundation.
Crucial Steps For Startups
Finding Partners
The Council on Foundations has published an existing list of organizations addressing and engaging in pandemic response. Establishing a partnership with an existing nonprofit can help maximize efficiency and boost community support. However, if this is an idea you would rather ride solo, researching how these organizations have dealt with these obstacles can help pave the way for a more solid foundation.
Crucial Steps For Startups
The Coronavirus Aid, Relief, and Economic Security Act that the Senate and House recently approved included numerous provisions designed to promote charitable donations and emergency unemployment relief. While utilizing these resources, the following steps are the building blocks of a functional organization:
- Determine Your Mission
- Form the Charity
- Establish a Board
- Apply for Federal Tax Exemption
Last but not least, make sure you are aware of all the requirements expected of you for the state you decided to start your nonprofit within. Getting off the runway is a process all on its own, but navigating COVID precautions can hinder one’s startup performance. Making sure to prep before potential setbacks will make you that much stronger whenever you have to take on a challenge. Go forth and conquer!
Published by: Chloe Feely
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