Lawyer or legal researcher to help an existing nonprofit set up donor-advised funds
The Daily Source
We are seeking an attorney, legal researcher or certified public accountant to help us answer a few questions we have about an important set of new initiatives we're doing. Our nonprofit is creating a group of innovative websites and apps to help nonprofits and their supporters raise money for the good work they do. Most of the websites are live, in beta or in development.
This link below gives an overview: click the "See More" buttons at the end of the sections. In the future, each logo will go to a unique website focused on that fundraising tool. About half of the logos are already linked to sites that are either done or in progress:
A few examples are:
This is a sample of how a person's fundraising page looks - the format is the same at most sites, but each has a unique logo, activity and color scheme:
We've ported the entire IRS database of 1 million nonprofits to our website, so all 1 million nonprofits will automatically have pages at all of the fundraising websites. E.g. -
That way, people can raise money for any nonprofit they want, even if the nonprofit hasn't formally registered yet. For ones who haven't registered, we'll mail checks to them at the end of each month. For ones that do register, they can customize everything and get added features.
We're also creating these tools to give people fundraising opportunities every season and holiday of the year:
One of the existing purposes of our nonprofit (from our articles of organization and our 1023 with the IRS) is to promote philanthropy and donations to charity. But we need to find out what, if anything, we need to do to be able to receive donations and pass them along to other nonprofits. We of course are able to receive donations because we already receive them. The difference is we will now be passing most of them along to other nonprofits.
For example, do we need to become a sponsoring organization and have donor-advised funds, and if yes, what do we need to do to create those? Do we need to file anything special with the IRS?
We are aware that when we start doing new activities, we need to report them on our annual IRS 990 filing. But do we need to do anything else? Is there another option besides doing donor-advised funds?
If you're interested in helping to research the questions above, please let us know.
About The Daily Source
3800 S Tamiami Trail, Suite 321, Sarasota, FL 34239, US
Our mission is to bring the highest quality news from hundreds of sources across the Internet to the public in one place on a daily basis.
We are a 21st-century news site bringing the public top quality stories, columns, editorials, photos, videos, audio, live chats and more. We are an IRS-approved 501(c)3 charitable nonprofit organization. Our site aims to be an important contributor in solving the problems facing our country and world by becoming the central resource on the Internet for intelligent, factual and accurate reporting. Whereas almost all publications rely on a small under-trained staff to produce a small number of stories of inconsistent quality, The DailySource chooses from all stories on the Internet. We present the public with high caliber information, news and analysis that has been chosen from over a thousand publications and is centralized in one site. The information people read is at the heart of improving the world. The site is designed to give the public the information they need to make solid decisions about what policies to support, to become more aware of key trends affecting the world, to find spiritual, recreational and cultural opportunities for themselves, to choose how to best spend their money, to learn about beneficial health news and more. The Internet is fast becoming the leading place for people to get their news. Come be on the cutting edge of it with us.