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Thinking of setting up a non-profit
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Topic: Thinking of setting up a non-profit (Read 570 times)
trooplewis
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Posts: 187
Thinking of setting up a non-profit
«
on:
December 01, 2009, 11:53:47 AM »
Hi all, please feel free to input if you think this idea has merit or I'm looney...
I have reserved the URL's sharethebay.com and .org
San Diego has about 300 days of boating weather per year, but many of our teens as well as seniors never get a chance to see the Bay unless they charter a fishing boat (yuck). I'd love to set up a non-profit that would allow us to get 12=15 people at a time out on the bay and beyond in a nice catamaran like an Africat. The only thing holding me up is about a million bucks or so!!!
But it would be such a great experience, just look at the May archive in boatingpotd to get an idea of what can be seen in ocean in the San Diego area.
I do have Share the Bay set up as a California corporation, but I have not applied for non-profit status for it at this point.
Any input or experience with non-profits would be appreciated, thanks.
I know, bad time in the economy to set up such a financially-intensive project, but maybe someone will donate a nice boat for us to use instead of the catamaran, who knows?
Regards
Bill
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KCook
Global Moderator
Member
Posts: 69
Re: Thinking of setting up a non-profit
«
Reply #1 on:
December 01, 2009, 04:01:19 PM »
Long, long ago a guy where I worked bought a brand new sailing trimaran and kept it at SD. After just a few years he tired of it and tried to sell. Absolutely nobody wanted such an odd boat. So he ended up donating it to the Boy Scouts!
Point being: if you're not fussy about the pedigree of the boat: and have a strong charity angle: it may be doable.
no help Kelly
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