Legal Question in Health Care Law in Florida

setting up a medical contribution fund for someone

I have been ill for awhile. I have medical needs that are not getting addressed, causing serious damage to my health. a friend suggested I set up a medical fund where people could donate to my cause. I now need over $ 25,000 and its growing. I do not have insurance, and what I do have, doesn't pick up what I have.

How hard is this to do, how much does it cost, and what is involved.

in tears,

need to know.

Thanks


Asked on 11/10/02, 2:20 am

1 Answer from Attorneys
Marie-Anne Oatley

Re: setting up a medical contribution fund for someone

I am not sure I know what you mean by "medical fund" but if you mean setting up a charity, you will have to file articles of incorporation with the State as a "non-profit corporation." Then you will want to find to which category of tax-exempt organization you belong according to the IRS. If you want contributions to be tax deductible to the donors, you will have to apply with the IRS for "501(c)(3)" status.

Read more
Answered on 11/11/02, 9:46 am


Related Questions & Answers

More Health Care Law questions and answers in Florida