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    S.E.Rob's Avatar
    S.E.Rob Posts: 1, Reputation: 1
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    Jun 30, 2011, 08:38 AM
    Transfer a 501(c)(3)
    Can a 501c3 be transferred to another person?
    AK lawyer's Avatar
    AK lawyer Posts: 12,592, Reputation: 977
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    Jun 30, 2011, 09:53 AM
    Quote Originally Posted by ScottGem View Post
    ...
    Finally, most organization create a set of by laws when they are setup. I'm not sure if that is a requirement, but it may be. ...
    I note that this answer is a few years old, but since I just saw it I will add my $.02:

    When the IRS approves the 501(c)(3) application, as I recall, one of the things they look for is whether such by-laws are in place. And I believe the annual informational return must disclose if there are any significant changes to such by-laws.

    Quote Originally Posted by S.E.Rob View Post
    Can a 501c3 be transfered to another person?
    We ask that, if you ask a question, you start your own thread rather than post in another thread that you think has a similar question. (thread moved}But no.

    A non-profit organization which the IRS has recognized as eligible for the advantages of section 501(c)(3) would normally be a non-profit corporation organized under the corporation law of a particular state or territory. Non-profit corporations cannot be transferred because they don't "belong to" anyone.

    However it is possible for the NPC to be dissolved, and the assets given to another NPC, if permitted by the applicable IRS regulations.
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