While many entities are formed for the purpose of turning profits or for their founder’s aspiration to make a comfortable living, this is not always the case. Non-profits hold a special place in the business world and are growing in popularity in modern culture as providing a purpose and a way to give back to the community.
501(c) (3) entities under the United States Tax Code are created solely for the purpose of giving back to the community in ways that are ill suited for the government. These non-profits range in size from small startups to international conglomerates. No matter their size, they serve the purpose of providing valuable services to people.
The direct purposes of the non-profit can be achieved through many facets such as solving global hunger, sustainable green agriculture, or simply food programs for the needy. No matter the way in which a non-profit chooses to help, they are often fantastic places of employment or can even bring great joy to those who choose to start one of their own, providing a feeling of service to those in need.
No matter the facet or the cause you can start your own non-profit right here in Greensboro at the Elon University School of Law Small Business Clinic. We are able to help walk you through the process of filing with the secretary of state and even help file your 1023 or 1023EZ tax form to achieve your tax exempt status. Contact the Elon University School of Law Small Business Clinic by email at businessclinic@elon.edu.
