Nonprofit Thrift Stores
In This Chapter
◆ Partner with an existing nonprofit
◆ Organizing nonprofit corporations
◆ Following the articles and bylaws
◆ Tax-exempt status and IRS rules and regulations
If you have decided that your thrift store will be operated as a nonprofit entity that supports a charity or cause, you can move forward in the research and planning stage, concentrating on the steps necessary to achieve that end. Donning the hat of a Good Samaritan often causes people to look at you in a new light. It may also prompt them to step forward and volunteer their services. So be prepared to take names.
Although it may be several months before you are able to actually open your thrift store, having a list of people who are willing ...