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Establishing an IRS Tax-Exempt 501(c)3 nonprofit status is imperative to setting up your nonprofit for funding success. \n\nMost foundations and federal agencies require this status when awarding grants. Furthermore, this status will help your nonprofit establish credibility\nas donors will feel confident that you are not a crooked fronted company looking for easy\ndollars. Don\u2019t get me started! This tax status will also allow private donors and corporations\nto receive a tax deduction! Therefore, this should be a first step after you have created your board of directors and articulated the needs that your project will fill.\n\n\u2728\u2728 Visit www.grantwritingandfunding.com to get the proven G.R.A.N.T.S. formula to write winning grants \u2728\u2728\n\nFavor, please?\nIf you love this podcast, would you please do me a favor and leave a review on iTunes or your podcast listener?\n\nThis helps others find the podcast and I read each and every review!\n\nIf you have any questions, feel free to email\nholly@grantwritingandfunding.com \n\nI\u2019d love to connect with you!\n\nYouTube: https://www.youtube.com/channel/UCWzIfwJt0az9KKwKz1Uc8vg \nInstagram: https://www.instagram.com/hollyrustick \nLinkedIn: https://www.linkedin.com/in/holly-rustick-0765b817/ \nFacebook: https://www.facebook.com/grantwritingandfunding/ \nPinterest: https://www.pinterest.com/grantwritingandfunding/ \n\nThanks for listening!\nHolly Rustick\nExpert Grant Writer & Bestselling Author\nhttps://www.grantwritingandfunding.com/