Non Profit Board Resolution Template With Sponsorship In San Diego
Description
Form popularity
FAQ
A board resolution, though not a legal document, is formal and the decisions made by the board are legally binding.
In addition to 501(c)(3) organizations, 501(c)(3) nonprofits can also donate to 501(c)(4) organizations. These contributions must be used for charitable purposes, and no amount can be used for political activities.
Exemption requirements - 501(c)(3) organizations In addition, it may not be an action organization, i.e., it may not attempt to influence legislation as a substantial part of its activities and it may not participate in any campaign activity for or against political candidates.
Being a Sponsor. Any project/organization that you fiscally sponsor must be nonprofit/charitable in nature, not engaged in anything that would endanger your own 501(c)(3) status, and be doing work that is in line with your own mission statement.
“RESOLVED FURTHER THAT, any one of the above officials of the Company/Bank/Cooperative Society/Trust/legal entity, be and is hereby authorized to do all such acts, deeds, things, sign all such papers, documents, power of attorneys, indemnities, correspondence and to do and perform all such acts, deeds and things and ...
Usually, fiscal sponsorships occur between two organizations doing similar work. However, any 501(c)(3) can serve as a fiscal sponsor for any other non-profit. Fiscal sponsorship can be both a long and short-term arrangement.
How to write a board resolution Put the date and resolution number at the top. Give the resolution a title that relates to the decision. Use formal language. Continue writing out each critical statement. Wrap up the heart of the resolution in the last statement.
Resolution noun (DECISION) a promise to yourself to do or to not do something: + to infinitive I made a resolution to give up chocolate. The resolution calls for a durable peace settlement. The resolution was carried by 210 votes to 160.
A resolution addresses a current specific problem or opportunity. It should include a call for specific action aimed at identifiable public officials. The resolution's message should be consistent with the organization's platform, or at least not inconsistent with it.
