Non Profit Resolution Template With Logo In Michigan
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Much like their for-profit counterparts, nonprofits can trademark or copyright certain materials. While the most common instance we see is a nonprofit looking to trademark their name, we also see nonprofits request to protect their logo, copyright their curriculums, or other works written by the organization.
Most importantly, organizations that hold 501(c)(3) status must not serve any private interests, and their earnings must be used for charitable purposes only. In addition, all assets are permanently dedicated to a charitable purpose.
Recruit a Board of Directors Each nonprofit board position plays a different role in the organization, so consider who would be most appropriate for each position. Michigan rules state that your nonprofit organization must have at least three directors. You must also have an agent for service of process.
What Are the Components of a Nonprofit Board Resolution Template? The board meeting date. The number of the resolution. A title of the resolution. The resolution itself (what is being voted on) The name and vote of each voting member of the board. The Chairperson's name and signature.
Any number of offices may be held by the same person unless the articles or bylaws provide otherwise, except that no person serving as the secretary, the treasurer, or the chief financial officer may serve concurrently as the president or chair of the board.
There are legal, ethical, and practical reasons to build a board when a nonprofit is created. These reasons create the foundation for good governance and are explained in-depth in this article from BoardSource. All nonprofit organizations need a board.
Nonprofit charities are under the jurisdiction of state and national laws, so they must comply with both legal systems. With that in mind, the federal government requires a minimum of three board members to acquire coveted 501c3 tax-exempt status.
(b) The board of a corporation that is not described in subdivision (a) shall consist of 3 or more directors.
