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Roughly, and just for starters. ) If you solicit donations , say for Katrina relief, you have to get licensed,comply with local and state and federal charity laws and you have to send all the money to unaffiliated charities around the gulf coast. But giving money to you doesn't give donations a tax deduction unless your organization is a 501c3 entity under the IRS code and you have to report those receipts. Basically, no serious donor will donate without proof you are legit and have a recognized charity. And all the standard fraud laws apply (not a lawyer) You can't spend (much) on yourself and so forth. That's fraud and then you'll be working for the state in their penal institution.

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16y ago

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