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Grants for Nonprofit Organizations Receives 2015 Best of Knoxville Award

Our company was honored to once again receive this year's "Best of Knoxville Award" in the Writers category by the Knoxville Award Program. "It's such an honor to serve the local community of Knoxville, TN, as well as other communities across the nation. Our primary goal is always to help others by uplifting their nonprofit organizations, getting them started and working, so they may serve their own communities" said owner, Travis Belcher, stating further "To be honored for doing the work we love is just a bonus. Thank you for the nomination and Award!"

Press Release

FOR IMMEDIATE RELEASE

Grants for Nonprofit Organizations Receives 2015 Best of Knoxville Award

Knoxville Award Program Honors the Achievement

KNOXVILLE, TN December 10, 2015 -- Grants for Nonprofit Organizations has been selected for the 2015 Best of Knoxville Award in the Writers category by the Knoxville Award Program.

Each year, the Knoxville Award Program identifies companies that we believe have achieved exceptional marketing success in their local community and business category. These are local companies that enhance the positive image of small business through service to their customers and our community. These exceptional companies help make the Knoxville area a great place to live, work and play.

Various sources of information were gathered and analyzed to choose the winners in each category. The 2015 Knoxville Award Program focuses on quality, not quantity. Winners are determined based on the information gathered both internally by the Knoxville Award Program and data provided by third parties.

Read more: Grants for Nonprofit Organizations Receives 2015 Best of Knoxville Award

Ralph & Virginia Mullin Foundation grants funds to organizations that benefit animals!

The Ralph & Virginia Mullin Foundation makes small grants to unincorporated entities, foundations and organizations who provide services to benefit animals, so they can pay the fees required to get incorporated and obtain their 501(c)(3) status. The condition is, if an organization receives one of these grants, "it MUST use the money to pay those related costs." CLICK HERE for more information: Ralph & Virginia Mullin Foundation.

 

Ft. Walton Beach, Florida is the place to go, for Veteran-owned businesses


According to an article in Stripes.com, "Fort Walton Beach, Fla. recognized for awarding grants to veteran-owned businesses!" According to the article,

"A small city in Florida that hosted a veteran-focused entrepreneurial program is now ranked as one of the best places in America for veterans to start a business. After setting aside $500,000 for a veteran entrepreneurship program, Fort Walton Beach was named the 10th-best city in America for veterans to develop a business or a new career after they leave the military. The survey ranking comes after seven veteran-owned businesses were given $25,000 grants to establish their operations in the beachside city.
Fort Walton Beach Mayor Mike Anderson said the city, which is near more than 17,000 servicemembers stationed at Eglin Air Force Base and Hurlburt Field, hopes the businesses attracted by the “accelerator” course will bolster an economy heavily reliant on its proximity to the Gulf of Mexico."

With so many veterans programs not getting any attention, not getting the funding they need, or worse...shutting down, it's nice to see a city step up and go all out for their citizens! Way to go, Ft. Walton Beach - thanks for caring enough to do something for those brave women and men who have given so much of themselves to our country.

We're a Nonprofit Corporation - does that mean we're a 501(c)(3) and Tax-exempt?

Nonprofit organization setup

The short answer: NO! Not even close.

Unfortunately, a lot of people contact us saying they completed their own nonprofit incorporation, and now they're ready to apply for grant funding. The truth is all they are is a nonprofit corporation. They are NOT tax-exempt. (And that begs the question: did they incorporate properly? Did they include all the IRS provisions? In most cases they have not - but that's a subject for another article!)

When one incorporates as a nonprofit organization, the corporation is now a legal entity. Your articles and by-laws act as the guidelines for running your "nonprofit business." But obtaining nonprofit corporate status from your state does not automatically carry over to the federal government, and the Feds are the only ones who can approve you for that much sought-after 501(c)(3) status!

"Nonprofit" is really a misnomer, really. A 501(c)(3), while it is in most cases a nonprofit corporation, should really be referred to as a "tax-exempt" corporation or organization. Meaning as long as the funds you raise are done so with your stated purposes in mind and used for those purposes, those funds will not be taxed.

Read more: We're a Nonprofit Corporation - does that mean we're a 501(c)(3) and Tax-exempt?

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