Anyone know about non profits? I have a question... - Mothering Forums

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#1 of 4 Old 07-22-2007, 04:09 PM - Thread Starter
 
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I have recently started a non profit that aids orphans in the Himalayas. Instead of applying for non profit status right off the bat, I have gotten a fiscal sponsor. I am curious if anyone here knows if the bank account needs to be in both of our names? I know that they are responsible for keeping track and ensuring that we use our donations in the way that we say that we will, I am just, of course, weary of being in a finiancal situation with someone I do not know. The sponsor is a small nonprofit.

Anything else I should know in regards to this? Thanks for any info you can provide, I know some mamas on this board must have majored in this in college!
Stacey

Thanks!
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#2 of 4 Old 07-26-2007, 04:24 PM - Thread Starter
 
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Someone must have taken classes in this in college. Anyone?
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#3 of 4 Old 07-26-2007, 11:50 PM
 
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Springsun, see if you have a women's resource center in your town that can help you with that question. Also, maybe call around to other non profits to see if they may assist. Sorry I don't know the answer to that one.
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#4 of 4 Old 08-02-2007, 07:12 PM
 
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you might ask in Frugality and Finance. They got some smart mommas there!

Third generation WOHM. I work by choice.
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