Posts by Audrey Chisholm

You must do a few things regarding accepting donations to protect yourself from financial liability. You’ll need to craft financial paperwork, like donor contribution statements, donor receipts, and donor agreements.  Donor Contribution Statements Technically, the IRS requires a contribution statement for donations over $250 or if you provide goods or services for gifts over $75.…

A critical part of running or managing a nonprofit is ensuring that you are current with your annual filings. Although you can hire someone to handle it for you, it is good to understand the basics of what you will be filing. Read on to see the annual filings that Chisholm Law Firm encourages you…

An important part of starting your 501c3 nonprofit will be assembling a team of volunteers to help you execute your vision. Volunteers can be a huge benefit because they provide you with a team that can carry out various projects and initiatives. That’s why it’s vital to recruit volunteers. Recruiting volunteers allows you to be…

Incorporating your nonprofit is not enough to protect you from being personally sued. You will also need to follow these rules regarding how you run your nonprofit to make sure you do not lose the limited liability protection. Limited liability protects you from being penalized as an individual instead of a nonprofit. Here are ten…