[Chicago] Open Source Time Donation?

[Chris Calloway]

Adam Jenkins wrote:
> On 9/6/07, *Kenneth P. Stox* <ken at stox.org <mailto:ken at stox.org>> wrote:
> 
>     On Thu, 2007-09-06 at 13:28 -0500, Adam Jenkins wrote:
> 
>      > From what I remember from 4H in my youth, setting up a non-profit is
>      > simple and doesn't take a lawyer at all.
> 
>     Setting up a non-profit that the IRS will allow tax deductible
>     donations
>     to and all the required book keeping and paperwork is a nightmare.
> 
>     -Ken
> 
> 
> Something must have changed since 2000.

You are both correct.

Creating a non-profit is very easy and do-it-yourself. Just file the 
articles of incorporation form for a non-profit with your state and pay 
a small fee.

Creating a tax-exempt organization is very hard and requires filing 
federal IRS form 1023, usually several times, and waiting for months for 
an answer in between denials. Usually requires hiring professionals who 
know the inner workings of the IRS to write the form answers correctly.

-- 
Sincerely,

Chris Calloway
http://www.seacoos.org
office: 332 Chapman Hall   phone: (919) 962-4323
mail: Campus Box #3300, UNC-CH, Chapel Hill, NC 27599