c) Several other factors must be kept in Mind when choosing a Name for a Nonprofit organization.
Recommended read: How to choose a Name for a Nonprofit organization.
Step 2) Drafting the Articles of Organization – The Articles of Organization is the first and the most important document that lays down the policies for regulation and management of the NPO.
As per Sec 13(a) and other sections of the of the MGL, The articles of organization of a Nonprofit organization must contain the following clauses- (1) A clause starting that the incorporators (with their names and postal addresses) hereby associate themselves with the intent to forming a Nonprofit organization.
Most foundations will not give money to an organization unless it is incorporated or has a fiscal sponsor.
Nonprofit organizations need to provide a written disclosure to donors who contribute $75 or more in goods or services.
The information provided here is intended to offer general guidance on how to form a nonprofit organization.