4.8 • 7.8K Ratings
🗓️ 15 January 2021
⏱️ 29 minutes
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0:00.0 | Yeah, but before we get started we got to let him in on the breaking news alert. All right, so earners the time has come |
0:06.0 | EYLU grad school is here |
0:07.8 | And you know how we bring it over 100 past webinars weekly webinars from industry experts |
0:12.6 | Monthly financial planning calls were shot our movie and book club access to our private investment group on Facebook |
0:18.3 | And we've just added the home by his blueprint volume one reloaded from our brother M.G. |
0:23.5 | The Morse guy which has over 12 hours of content to guide you through the process of buying a home |
0:27.8 | With a number of home buying programs to get you through the process y'all and in addition to that |
0:32.4 | You now have access to our weekly mentorship calls for all things real estate hosted the Gambar brother M.G |
0:38.8 | It's an amazing package. We put it all together |
0:40.9 | We can't wait for you to see it and be a part of it and right now it's 50% off |
0:44.4 | So you got to do with head over to EYL University dot com and you're gonna get 50% off all right |
0:48.8 | So now we're going to the business of nonprofit. I'm sending up nonprofits because we haven't spoke about that |
0:54.6 | We have to we spoke a little bit about charities with our Ferguson |
0:58.2 | But not really in depth about how to start one because he's he's the head of a charity |
1:04.0 | But he didn't start that charity now where this is you started a charity, right? Yeah, so okay |
1:09.3 | Where did it steps? Can you walk us through the steps of how to start a nonprofit? |
1:14.2 | 501c3. Yep. Okay, so the first thing is you don't have to have a 501c3 |
1:20.0 | Can you just explain what a 501c3 is so a 501c3 allows you according to the IRS to be tax exempt |
1:26.8 | Which then allows all donors to write off anything that they contribute to your organization |
1:32.3 | It's very important if you need large amounts of funding if you don't and what you're trying to do can can get by on like a |
1:41.6 | $1,500 budget or $2,000 budget you don't need the 501c3 that budget be monthly or annually annually |
1:48.6 | There's you know, it just depends on what you're budgeting for you know some people have a plant project |
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