Thinking of Setting Up Your Own Nonprofit? Here’s What You Need to Know
The Metropolitan Corporate Counsel
December 2014

Partner Christina Mason authored The Metropolitan Corporate Counsel article “Thinking of Setting Up Your Own Nonprofit? Here’s What You Need to Know.” The article discusses the factors involved in establishing a nonprofit (i.e. choice of entity, location, costs and tax classification). Christina details the stipulations, as well as pros and cons, of organizing a charity under law as a nonprofit corporation or wholly charitable trust. For example, a nonprofit corporation is more flexible than a trust and offers protections to board members even if the organization is sued. She also explains the process of setting up a nonprofit, which includes filing a trust agreement or certificate of incorporation, applying for an employment number from the IRS, and registering with any states in which the entity is operating.