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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. Nonprofits often use a lawyer to get a set of ‘trained professional eyes’ on their documents. The cost usually runs from $200-$300 a month.

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Nonprofit Board Member Onboarding: 12 Things to Cover

Qgiv

It’s meant for them to take the reports they see, the minutes they review, and the documents they sign very seriously. You should introduce them to any policy documents, such as conflict of interest policies. This is also a good time to discuss liability issues and your board liability insurance (which you have, of course.)

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