Grant Pass-Through
Organization
Commonly Foundations will only give money to 501 (C) 3
organizations. These organizations
have been approved by the IRS for accepting charitable donations and have them
be tax deductible. The
organizations are Educational, Scientific etc., and serve a public purpose.
Some of these organizations become umbrella organizations
and let other agencies use their tax status to acquire grants. This means if you have a project that
meets the guidelines, you could access the grant through another organization.
http://www.barrycassidy.com/
http://www.barrycassidy.com/
Good to hear about this. I'm sure this is truly helpful for everyone who is in need of it. Thanks for sharing this great information.
ReplyDeleteYes...it helps to have a pass through for a non-profit just starting out. Sometimes people have a good idea and then they get hung up in getting the tax status and it frustrates them because the process moves so so slowly.
ReplyDelete