Question
I am looking to start a foundation and I was wondering if anyone knew where I can start. ?
The foundation is called "There is Hope". In April 2006 my husband had become disabled with many health problems. He was such a hard working man who could not work anymore. We filed for SSI Disability and still today 12/9/2008 we are still awaiting an approval hearing. During this time, he has not been able to work and it has been a horrible hardship on the family. I have a 3 year old and a newborn and we are 4 months behind on rent and can barely afford food anymore. I know we will get approved, but there must me other families out there waiting and suffering as well. The foundation that I want to start will help people during this time. Maybe to start we can provide formula, diapers, Christmas presents, or even help with some bills. I never thought I would be in this place, but now that I am, I just want to help others. If anyone knows what I can do to start this, I and many others will be so grateful.
13 months ago - 1 answers
Best Answer
Chosen by Asker
It will be tough given your current financial situation. You will need to hire a lawyer to establish a corporation, then apply for 510c3 status with the IRS. These each take money to get going and an application fee to the IRS.
Source(s)
President of a Foundation
by Tim
13 months ago
Asker's Rating: ![]()
![]()
![]()
![]()
![]()



