How would i go about starting my own charity foundation?

Question

I'm only 14 right now but when I'm older i would like to make my own charity. and i just wanted to know what it takes to create one. and what i need. and so on.

Answer 1

Or...you can do what me and my friends do, and simply involve your pals, friends, and family, and create a lovely page at freewebs.com and raise money for your favorite charity. We have raised over 1,000.00 for a children's hospice in England, just by saving our coins. We also buy teddy bears, and save and buy stickers for the kids to enjoy. :) Even the two kind men at the post office helped me out a great deal. Here is my website.

http://www.freewebs.com/sunshineclubforc...

Answer 2

You need to gather volunteers, make a plan and a budget, and then apply to the state for 501-C3 status (non-profit).  You can google 501-C3 to see more about how that works.  It will allow you to have a federal tax ID # as a non-profit (charity) group, and you won't have to pay taxes on your received donations.   (I believe you have to organize your volunteers into a board of directors before you apply for 501-C3.)