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 Sc 501c 2016

Corporation Nonprofit Sc 2016-2025 Form

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Instructions and help about sc sos south carolina

how to form a 501c3 nonprofit corporation a nonprofit corporation is Purpose Driven a company whose goal is not to make profit for themselves typically they are an organization that wants to make money in order to help further a social cause or provide a public benefit 501c3 nonprofit corporations are tax-exempt allowing them to maximize the amount of funds being put towards a social benefit or cause but do you need to form a nonprofit corporation just because you want to raise money for a person or organization doesn't mean you need to form a nonprofit corporation you can run one time charity events to raise money without needing to be a nonprofit corporation running something like a charity auction or raising money to donate to an organization are informal examples if you have long term goals for your nonprofit then forming a nonprofit corporation may be more suitable as it will provide certain benefits such as limited liability protection and enhanced ability to raise funds

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