Ask Experts Questions for FREE Help !
Ask
    Kathy Hutchison's Avatar
    Kathy Hutchison Posts: 1, Reputation: 1
    New Member
     
    #1

    Sep 22, 2008, 06:20 PM
    501C3 Payouts
    We have a 501C3 Booster club at our gymnastics gym. Can pay outs to members be based up members participation in the fund raiser. Or does each member need an equal pay out.
    ebaines's Avatar
    ebaines Posts: 12,131, Reputation: 1307
    Expert
     
    #2

    Sep 23, 2008, 01:06 PM

    Kathy - perhaps you can be a little more specific - what kind of payouts are you talking about? I'd be careful here - you don't want to appear to be paying people, especially if any board members are involved.

Not your question? Ask your question View similar questions

 

Add your answer here.


Check out some similar questions!

501c3 [ 1 Answers ]

Are there any rules against a 501c3 utilizing its budget to set a new line for another non-profit to utilize? The original 501c3 money would not be utilized by the fledgling group and the money would be kept entirely separate but identified in the existing budget.

Becoming 501c3 [ 1 Answers ]

I have a small Parrot Sanctuary and need to find out how to get started on becoming non-profit.

How to get a 501c3? [ 1 Answers ]

Starting a new ministry and wanting to know how and IF we need to get a 501c3? We will have a staff and future property.

501c3 [ 1 Answers ]

I am applying for a 501c3 tax status.I don't know if it will be a private foundation or not. Here is what I am looking at doing. Starting a christian camp for teens, that is funded with grants aand church support and help by indiv. Got any ideas? Thanks


View more questions Search