Overview
Here you'll find an overview of the foundation formation process.
Foundation Formation Process
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Incorporate a corporation in the state of your choosing.
- Draft your corporation’s bylaws.
- Create articles of incorporation (usually a form that’s autofilled when you apply on your jurisdiction’s department of corporations).
- Check if your jurisdiction requires additional steps to recognize the corporation as tax-exempt under its laws (for federal income tax purpose, you must still apply for 501(c)(3) status with the IRS).
- Apply for a Federal EIN number with the IRS.
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Apply for tax-exempt 501(c)(3) status with the IRS.
- Complete the 1023 application form.
- Sign up for an account at Pay.gov
- Upload required documentation.