Remove Article Remove Award Remove Liability Insurance
article thumbnail

What’s the Cost Behind Starting a Nonprofit Organization in 2025?

Grant Writer Team

Legal Assistance: Hiring an attorney to draft bylaws and articles of incorporation can cost between $500 and $2,000. Insurance: General liability insurance typically costs $500 to $1,500 annually. The information provided in this article is for general information only.

article thumbnail

Why Are Nonprofits Experiencing An Insurance Crisis? And What Can the Nonprofit Sector Do About it?

Blue Avocado

Going forward, it will be increasingly difficult for nonprofits to secure the insurance they require to keep their doors open. Chances are, nobody’s ever explained to you the reason these problems exist, or the uncertain future that nonprofits face with their insurance. The answer is fourfold.

article thumbnail

What Are 7 Common Nonprofit Startup Costs?

GrantNews

Cost of Incorporation& Tax-Exempt Status Every nonprofit startup must file a legal document known as the articles of incorporation with their state to begin the process. A lawyer can help you draft your ‘articles of incorporation,’ as well as help you with your application to the IRS. You don’t want to miss this.

Insurance 114