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Family Reunion Forum

Re: Family Reunion Scholarships
In Response To: Family Reunion Scholarships ()

Hi Carmen,

I'm doing research on setting up a family reunion scholarship fund for our family. In one of your responses it was stated that one of your family members is a tax attorney and is looking into your fund becoming a nonprofit so donations can be tax-deductible...well, is it okay for family members to raise money by selling cookbooks and other items without paying taxes to the state or federal government? How are you set up now? We just want to be able to give family members wanting to go to college some help without a lot of legal stuff at first. Then if we continue to expand look into nonprofit status.

Thank you...

18 Dec 2002 :: 14 Nov 2008
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