Form a Non-Profit Organization

Business MeetingNonprofit (or not-for-profit) corporations work well for all sorts of groups, from artists and musicians to people active in education, health, and community services. Often the reason for obtaining nonprofit status is simple — it’s usually a requirement for obtaining funds from government agencies and private foundations. Obtaining grants, however, is not the only reason to incorporate as a nonprofit. Two additional important benefits of forming a nonprofit include tax-exempt status and personal liability protection.

The Virginia Department of Business Assistance provides help and guidance in forming a non-profit organizaton through their Business One-Stop.