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Pre-Incorporation

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   Table of Contents  »  Corporate Structure  »  Pre-Incorporation

Pre-Incorporation

These files contain information, model forms and useful links to help a nonprofit that is seeking to form a nonprofit corporation in Texas.

Choosing the Right Corporate Structure

This document discusses various factors to consider when choosing between an unincorporated association and incorporation.
Download: Download this file. Why_choose_one.pdf

Comparison Chart of Nonprofit Corporations vs. Associations

This chart displays certain differences between nonprofit corporations and nonprofit unincorporated associations.
Download: Download this file. pre-incorp-Chart.pdf

The Basics of 501(c)(3), 501(c)(4), and 501(c)(6) Tax-Exempt Status

Section 501 of the IRS Code exempts certain types of organizations from taxation. Section 501(c) describes the different types of organizations that are eligible to tax-exempt status and the requirements they must meet to gain that status.
Download: Download this file. Differences501cOrgs.pdf

Chart of the Benefits and Drawbacks of 501(c)(3), 501(c)(4), and 501(c)(6) Status

Download: Download this file. 501cChart.pdf

Fiscal Sponsorship

Texas C-BAR Legal Minute August 2006: Getting Tax Exempt Donations Without All the Paperwork: Fiscal Sponsorship as an Alternative to Forming a 501(c)(3) Corporation
Donors rarely give funds to organizations that do not have 501(c)(3) tax status. However, it can take a great deal of time and resources to comply with the requirements under Section 501(c)(3). When an organization is small, temporary, or is just starting out, it may make more sense for the group to explore alternatives to forming a new nonprofit corporation, such as fiscal sponsorship.
Download: Download this file. LegalMinuteAug06.pdf




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