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Widows/Orphan fund

 
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alpidarkomama
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Joined: Feb 28 2007
Age: 44
Posts: 775
Location: Georgia

PostPosted: Wed, Jul 04 2012, 11:40 pm    Post subject: Widows/Orphan fund
 
How does one go about setting up a fund from American and Canadian donors to benefit a family that lives in Israel???? Thanks!
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Tova
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Joined: Dec 28 2005
Posts: 4656

PostPosted: Thu, Jul 05 2012, 9:07 am    Post subject: re: Widows/Orphan fund
 
Your donors will want to deduct their contributions on their tax returns. As such, you need to apply to the IRS for tax-exemption using application Form 1023. There is a plethora of information on irs.gov as to how to apply for an EIN, apply for tax exemption, etc.
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alpidarkomama
Silver Member
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Joined: Feb 28 2007
Age: 44
Posts: 775
Location: Georgia

PostPosted: Thu, Jul 05 2012, 10:57 am    Post subject: re: Widows/Orphan fund
 
That's more complicated. There are a lot of us that just want to help out a new widow and her children.
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