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One of the most important early steps in starting a nonprofit is deciding what type of nonprofit you will be. There are two main types of nonprofits: public charities and private foundations. In this video, we will discuss the differences between the two, including potential IRS consequences. We also throw in a third type: private operating foundations.


 
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All videos are for educational and entertainment purposes only. This is not legal advice and should not be relied on as such. Every case is different. Consult a licensed professional in your state. Mark Lyda is a Coloradolicensed attorney. Viewing this channel or its content does not create an attorneyclient relationship with Lyda Law Firm or any of its lawyers.

#nonprofit #publiccharity #privatefoundation