Utah Estate Planners PLLC is pleased to offer both public charity and private foundation formation services.
So you have a charitable purpose that you are passionate about... and wanting to form your own 501(c)(3) charity. This can be a daunting task without proper representation along the way.
In creating a charity, you have both the state filing of the Articles of Incorporation for the non-profit as well as the IRS filing to receive 501(c)(3) status. While the state filing fees vary by state, note that the IRS filing fee is $850. Hence, you will want to be sure that you have the funds to support the application process before you start.
While the Articles of Incorporation establishing the non-profit can be filed fairly quickly, please note that receiving your exemption letter from the IRS may take months and may involve multiple interactions with the IRS during the process. Because people who make donations to a 501(c)(3) receive a charitable deduction on their taxes, the IRS has a vested interest in making sure that all approved charities are legitimate. When a charity is approved by the IRS, it is generally approved back to the date of formation, so the charity can commence operations while waiting for the Exemption Letter. Just note that some donors will not contribute to a charity until the charity has the Exemption Letter in hand.
Finally, please note that a charity is a public trust. As such, much of the charity's activities are public information and must be made available to those who request it.
For charity formation, please complete this Charity Formation Sheet.
Should you have any questions completing the questionnaire, please contact us.
For all other needs, please contact our office directly so that we may further assist you.