Setting Up A NonprofitShould You or Shouldn't You?
Are you thinking about setting up a nonprofit?
Have you considered that nonprofits are corporations, too? The most successful nonprofit organizations thrive when leaders understand that operating like a business while applying Best Practices helps to ensure mission delivery.
Starting any form of business enterprise—either for-profit or nonprofit—demands careful consideration.
According to the National Center for Charitable Statistics (NCCS), more than 1.5 million nonprofit organizations are registered in the U.S. This number includes public charities, private foundations, and other types of nonprofit organizations, including chambers of commerce, fraternal organizations and civic leagues. It’s important to understand how these challenges will affect your nonprofit, because the failure rate of new nonprofits is high. Plus with more than 1.5 million established nonprofits in the US, you could be facing some tough competition.
Below are two resources available to download to help you consider starting a nonprofit:
In addition, below are a number of articles or links worth your time as you research and consider. Please note that some of these sites may require your email and encourage purchase of software and materials.
Virginia’s Center for Nonprofit Excellence has a wealth of materials and go-to sources that can help, and nearby offices in Warrenton, Virginia.
Reach Out to Us
If you are interested in starting a nonprofit in Loudoun or Northern Fauquier Counties, the Community Foundation is interested in hearing from you! We frequently meet with community members exploring their philanthropic and charitable ideas, and welcome those conversations as we can share our knowledge of the local nonprofit sector’s landscape, information on various options that may be available to you, and our expertise as grantmakers.
If you are interested in setting up a meeting with us to discuss starting a nonprofit in our community, please contact Amy Owen, President and CEO, at firstname.lastname@example.org or 703-779-3505, x1.