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How To Start A Charity
9:11 PM // 0 comments // Neil // Category: How To Start A Charity //Hundreds of charity organizations are established every year, out of which, many of them vanish, or stop functioning. Poor planning and lack of funds are the two common reasons why the majority of the charities become a failure. Therefore, no matter how much big your organization is, proper planning is required to start up a charity and run it smoothly. If you are looking for some tips for starting a charity, this article is just for you. Go through the following lines and know how to start a charity so that you render your service for a noble cause.
Tips For Starting A Charity Organization
Know Your Financial Status
Setting up a charitable organization requires a significant amount of investment. Examine your financial status and figure out how much you should spend to establish the organization. Make a rough estimate of the funds required for the establishment of the charity. In this process, you will know whether you can handle the finances alone, or need the aid of volunteers for the same. This may depend upon the type of services that you are going to provide.
Define Your Cause
If you want to donate money, you should find a noble cause for it. Being in a society, you can find a number of causes, which need financial or moral support. Just take a look around your locality to finalize what you want to give through your organization. Once you have found out the mission for your organization, write it down in a statement. The mission statement will clearly communicate the aim of the organization to its volunteers and potential fund-raisers.
Know The Basics
An organization can't be set up overnight, especially if it is meant for a noble cause. You should know the basic features of an organization - its purpose, name, duration of operation, structure and type. Browse through the Internet to get information about the basic features of other existing organizations.
Formulate The Rules
Formulate the rules that should be followed by your charity. The set of rules are generally known as bylaws. Plan the governing structure of the organization and the decision making authority.
Acquire Recognition For Your Charity
Your charity organization should be recognized by the Government. For the purpose, you need to fulfill all the legal and procedural formalities. This also includes maintaining proper account of the funds received and payment of taxes as per law.
Advertise Your Cause
Involve yourself actively in the society. Communicate with people. Try to create links and contacts with popular figures in the society. Advertise your cause so that people get to know what your organization does. Distribute pamphlets or convey the message of establishment of your charity through e-mails. This way, you will be able to find potential fund-raisers for your charity.
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