PROGRESS OF SETTING UP

- Developing vision and mission : The purpose of the

organisation : What is does,for whom, and what is the
basic service. missions should be written with
specific,measurable,achievable and challenging goals.

- Choosing a name : Charities need name. names can

describe the function of the organisations (E.g The
American Cancer Society). The names of organisations
in memory of people with a mission to help others may
encourage donations.

- Make yours unique, There are over 1.5 million nonprofit

organisations registered. To compete with other
organisations clearly dierentiate yours.

- Media and public attention : Nonprofit organisations

have to deal with media and public relations constantly
to manage the attentions and interest of donors to
attract them and continuously get donations from them.

CHARITY
( NON-PROFITABLE & INCORPORATED )

- Mission, Not for profits : The main goal of a nonprofit in

not to make money but to serve the public. However to
serve they need to make money. Balancing a mission
and funding.

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- Ethics of Fundraising : Nonprofit organisations often find

it hard to find enough money/donations to survive.

- Administrative costs : Too much of a positive revenue

over expenses can subject a nonprofit organisation to
criticism for not spending enough on its mission.

- Plan your straggles such as fund-raising strategy,

operational strategy ,budget and etc.

- Register as 501(C)(3) to the IRS code that allow you to

operate as a nonprofit, tax exemption organisation.

POTENTIAL PROBLEMS

EXAMPLE (IN HK)

- Start a website and fundraising (use social networks

such as Facebook,twitter and others.)

!WHEN IS THIS MOST SUITABLE :

- When you want to set up a business that helps
and benefits others than your self.

- For a sub business to share your profits from your

other business which will allow your business to
drag more attention and make friendly images.

Feeding Hong Kong is a example of charity organisation in

Hong Kong. Their missions is to feed people in Hong
Kong who would otherwise go hungry. They also raise
public awareness about poverty and food insecurity /
reduce the volume of food waste / promote volunteerism
and support existing community and promote healthy
eating and nutritional education to the most vulnerable
groups in Hong Kong community.

Charities are organisations set up to provide help.

Charities are organisation se up to provide help, typically
in form of money for those in need.Most of the charity
organisations are legal and their policy goes in tune with
the general public policy. Charity organisations are type of
a non- profit organisation (NPO) and it differs from other
types of NPOs in that it centres on non - profit and
philanthropic goals as well as social well-being.

GOALS OF CHARITY :
Operating activities beneficial to the public interest and
serving an open class of people ( not limit number of
identified people) Examples would be :

-Relieving the poor, distressed or underprivileged

-Advancing educations or science

-Eliminating prejudice or discrimination

-Defending human and civil rights secured by the law

CHARACTERISTICS
Passion for mission

The of non profit organisation is one of

their greatest sources of strength. The
institutionalised impulse to change the
world has brought about many of the
most important advancements in society.

Third-party funding
Non profit organisation rely on third party
funding -grants from foundations
government agencies and corporations.

Atmosphere of Scarcity

There is a factual component and perceptual

component to this characteristic. Most non profit
leaders could do more work to accomplish their
missions if they have more money,more access to
decision making,more talented board members
etc.

Mixed skill levels of sta

Non profit organisation often hire mangers
with limited management training and
program sta with little program experience
because theses organisations are small.

Participation of volunteers

Non profit organisations rely on the active

participation of volunteers

ADVANTAGES

DISADVANTAGES

- Tax exemption/deduction : Charities that are qualified under

the internal revenue code 501(c)(3) are eligible fore federal
exemption or deduction from payment of corporate income
tax.

- The cost of creating a nonprofit organisation is one of the

disadvantage. It takes time,eort and money.

- Eligibility for public and private grants : Incorporation puts

the nonprofits mission and structure above the personal
interest.

- Limited Liability : Under the law, creditors and courts are

limited to the assists of the non-profit organisation.The

founders,members and employees are not personally

liable for the nonprofits debts.

- As an exempt corporation, nonprofit must keep detailed

records and summit annual filings to the state and IRS by
stated deadlines in order to keep its active and exempt
status

- A nonprofit organisations are dedicated to the public

interest, therefore, its finance are open to public inspection.
The public may obtain copies of a nonprofit organisations
state and federal filings to learn about salaries and other
expenditures.