Does anyone have information about 501 C (3). Is the application the same as the one used to get the tax exempt. Filing fee, How does it work in conjunction with raising money for the team activities (Xmas party, banquet etc.)
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There are so many rules, it's definitely best to consult a professional. It's also a good idea to consult a Compliance Officer (make a call to a D1 program and ask for Compliance Officer--most are listed on the college website) if your gym has college bound athletes. They are very helpful as well. If you have specific questions as to what ncaa will allow booster to cover.Thank you and I will make some calls. I have a lot of questions and just want to make sure I cover everything.