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Nonprofit status for SF

Discussion in 'General Chat' started by Ambulance Chaser, May 23, 2005.

  1. Ambulance Chaser

    Ambulance Chaser Senior member

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    Okay, this may be a crazy idea, but I was wondering whether it would be possible for Style Forum to acquire 501Â[​IMG](3) nonprofit status so that all contributions to the Forum would be tax deductible.  I recall from my nonprofits class in law school that a nonprofit must (1) serve a charitable purpose, and (2) not disburse profits to shareholders (but may pay officers a reasonable salary).  I am a litigator, so that is the extent of my knowledge.  Any lawyers well-versed in this area of the law care to weigh in?
     


  2. imageWIS

    imageWIS Senior member

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    We could be seeing the making of: "The Ministry for the pursuit of Sartorial (and streetwear) Knowledge" Pastors Jeremy and Steve could do Sunday morning telecasts which include healing the sartorially lame. [​IMG] Jon.
     


  3. petescolari

    petescolari Senior member

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    Just no conversions in the local pond while wearing good clothes.
     


  4. Dakota rube

    Dakota rube Senior member

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    Even bad clothing should be avoided when it comes to full-immersion baptisms. I recall a very, very ugly sight when my father was tossed in the lake during a party, while wearing a bright white Farrah Leisure Suit. Not a picture any son should have to witness. Ever. [​IMG]
     


  5. johnw86

    johnw86 Senior member

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    A mission statement for Style Forum: Improving sartorial knowledge and the appearance of all who partake of the wisdom gathered by its members. [​IMG]
     


  6. Jill

    Jill Senior member

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    I've been through this process (501Â[​IMG](3)) before, and while I can't remember all the details, I do recall that it required a good deal of hoop-jumping. Â Here's the basics from the IRS's website:
    If you want more details, here's the link
     


  7. briancl

    briancl Senior member

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    relief of poor, distressed, or underprivileged = buying and selling forum and frequently posted discount codes?

    advancement of religion.. neg

    advancement of education.. obviously....

    erection of somethign or other.. not likely

    lessening the burdens of goverment.. hmm.. thats a stretch

    the rest dont quite work either..
     


  8. oscarthewild

    oscarthewild Senior member

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    Esp when wearing the RLPL monstrosity.
     


  9. LA Guy

    LA Guy Opposite Santa Staff Member Admin Moderator

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    Actually, I believe we do the opposite of that.
    Manton and disciples may believe that this is true [​IMG] Unfortunately, the hoodie advocacy on the Streetwear/denim forums may be doing quite the opposite [​IMG]
     


  10. kabert

    kabert Senior member

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    Yes, it would have to be education and historical/cultural preservation -- something along those lines. Talk to a nonprofit law attorney -- there must be precedent for nonprofits that primarily operate a website as the "business."
     


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