Legal Question in Business Law in Washington
creating a foundation
what is required to establish a non profit foundation.
Asked on 10/25/00, 1:24 pm
1 Answer from Attorneys
Todd Richardson
Law Offices of James W. Grow, PLLC
Re: creating a foundation
There are a few things you need to know ... first, a
non-profit foundation is a corporation ... so you must
establish the corporation, although in Washington
you will find that to qualify as a non-profit there are
a few other small requirements.
Second, and very importantly, to qualify as non-profit
you must meet the IRS 503(c) guidelines.
Most good business attorneys in the state can help you with
setting up your non-profit. But if you would like
some more help, feel free to call me at (208) 746-5508. The
attorneys in my office are licensed in both Idaho and Washington.
Answered on 11/15/00, 6:35 pm
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