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	<title>nonprofit - TruNotary- Notarized Your Documents Online</title>
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		<title>NonProfit</title>
		<link>https://www.trunotary.com/product/nonprofit/</link>
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		<pubDate>Fri, 28 Aug 2020 18:10:47 +0000</pubDate>
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					<description><![CDATA[<div>Serve the public good as a nonprofit Starting off right is the first step in getting donor support.</p>
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<p>The post <a href="https://www.trunotary.com/product/nonprofit/">NonProfit</a> first appeared on <a href="https://www.trunotary.com">TruNotary- Notarized Your Documents Online</a>.</p>]]></description>
										<content:encoded><![CDATA[<div><strong>What is a 501(c)(3) organization?</strong></div>
<div>The term 501(c)(3) refers to a specific IRS tax code. To qualify, the nonprofit must meet IRS requirements. If your organization qualifies, we&#8217;ll help complete and file your application.</p>
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<div><strong>Eligibility for grants and donations</strong></div>
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<div>Only qualified nonprofits can receive grants from other nonprofits and government agencies. Also, contributions to qualified nonprofits are deductible on the donor&#8217;s income tax returns.</p>
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<div><strong>Get tax breaks</strong></div>
<div>You&#8217;re eligible for state, federal and certain other income tax exemptions.</div>
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<div><strong>Lets you apply for 501c3 status</strong></div>
<div>Contributions to certain types of nonprofits are tax deductible.</p>
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<div><strong>Protect your assets</strong></div>
<div>Members and directors are shielded from personal liability for the nonprofit&#8217;s actions.</div>
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<div></div>
</div><p>The post <a href="https://www.trunotary.com/product/nonprofit/">NonProfit</a> first appeared on <a href="https://www.trunotary.com">TruNotary- Notarized Your Documents Online</a>.</p>]]></content:encoded>
					
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