Saturday, July 31, 2010

Is Your Society Still at Risk of Losing Its Non-Profit Status?

A very large number of U.S. non-profit organizations are still at serious risk of losing their non-profit status, and that includes a number of member societies of the Federation of Genealogical Societies. 

If you haven't done so already, please visit the following IRS site, see if your society is on its list, and look at the links at the bottom of the page that provide a Frequently Asked Questions file that will answer many of your basic questions about this issue. 

http://www.irs.gov/charities/article/0,,id=225889,00.html

Failure to act could result in your society's losing its status after October 15, and it may be an expensive, time-consuming process to reinstate your non-profit status.  So check the link, take appropriate actions, and sleep soundly!

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