Financial Management
Option 2 - Independent 501(c)(3) Status
This option is only for those who have the time, money, and legal expertise to tackle the paperwork necessary to gain official nonprofit status for their grant program. (Really, only if your grant program is becoming very permanent and very well-funded is it even worth considering independent tax-exempt status.) Because the Carmel Green Teen Micro-Grant Program has not chosen this option, we can only direct you to online resources for this process. Please know that this option usually costs several thousand dollars.
Please see the IRS pamphlet and the IRS application instructions and forms to explore how to file for 501(c)(3) status.
This option is only for those who have the time, money, and legal expertise to tackle the paperwork necessary to gain official nonprofit status for their grant program. (Really, only if your grant program is becoming very permanent and very well-funded is it even worth considering independent tax-exempt status.) Because the Carmel Green Teen Micro-Grant Program has not chosen this option, we can only direct you to online resources for this process. Please know that this option usually costs several thousand dollars.
Please see the IRS pamphlet and the IRS application instructions and forms to explore how to file for 501(c)(3) status.