I received a Future Fund grant. My funding never came through, but before FF collapsed I registered a Texas C-corp, filed for nonprofit status, and opened a Bank of America business checking account for the entity to receive its funding. My project will be proceeding due to generous funding from another source, but I will not be using the entity.
I would be happy to give away the entity to any EA who wants it, as long as you do the legwork to change the registration and whatnot (I think this would mostly require drafting director/​shareholder consents and maybe a bit of paperwork registered with the Texas Secretary of State officer /​ IRS). That would require some legwork, but probably less legwork than registering a new entity, filling out a Form 1023, drafting bylaws, etc.
Giving away a fully registered Texas nonprofit entity (C-Corp) in good standing with a Form 1023 (501(c)(3) application) on file with the IRS.
Hello EAs,
I received a Future Fund grant. My funding never came through, but before FF collapsed I registered a Texas C-corp, filed for nonprofit status, and opened a Bank of America business checking account for the entity to receive its funding. My project will be proceeding due to generous funding from another source, but I will not be using the entity.
I would be happy to give away the entity to any EA who wants it, as long as you do the legwork to change the registration and whatnot (I think this would mostly require drafting director/​shareholder consents and maybe a bit of paperwork registered with the Texas Secretary of State officer /​ IRS). That would require some legwork, but probably less legwork than registering a new entity, filling out a Form 1023, drafting bylaws, etc.
Feel free to contact me with any questions.