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Introduction to Nonprofits and Incorporation in Hawaii

Oct
8
2024
Tue, Oct 8 9:00 AM to 12:00 PM
Online
Topic: Start-up Assistance

Introduction to Nonprofits and Incorporation In Hawaiʻi

-facilitated by Maui County Office of Economic Development and Hawaiʻi SBDC, Maui Center
This webinar introduces a foundational understanding of nonprofits, including legal requirements, incorporation, governance, and strategic planning.

WORKSHOP OUTLINE: 1. Introduction to Nonprofits ● Definition and Characteristics of a Nonprofit ● Types of Nonprofits and Their Purposes ● Benefits and Challenges of Starting a Nonprofit 2. Legal Requirements and Structure ● Choosing the Right Type of Nonprofit ● Presentation: Legal Structures and Tax-Exempt Status ● Discussion: Differences between 501(c)(3) and Other Types 3. Incorporating Your Nonprofit (25 minutes) ● Step-by-Step Guide to (walk-thru) Incorporating in Hawaii ● Drafting Articles of Incorporation ● Completing State Incorporation Forms 4. Developing Bylaws and Governance ● Presentation: Importance of Bylaws ● Key Bylaw Sections ● Governance Structure and Board Roles 5. Applying for Tax-Exempt Status ● Presentation: IRS Form 1023 Overview ● Completing Key Sections of Form 1023 ● Discussion: Common Pitfalls and How to Avoid Them 6. Creating a Strategic Plan ● Mission and Vision Statements ● Setting Goals and Objectives ● Aligning Activities with Mission 7. Q&A and Next Steps ● Open Floor for Questions ● Summary of Key Takeaways ● Resources for Further Support and Development

Speaker(s): Wayne Wong, SBDC Maui Center Director & Business Advisor. Wayne is a “recovering technologist” with over 30 years of Information Technology experience. Based on Maui, he currently utilizes his entrepreneur expertise enabling small businesses to start, grow, and thrive.

Co-Sponsor(s): Maui County Office of Economic Development

This is a non-refundable workshop unless Hawaii SBDC Network cancels. Pre-registration required at our website www.hisbdc.org. If payment not received at the time of registration, it will be cancelled automatically!


Fee: No Cost