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TOPIC: Adding 501c3 to Bi-laws
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Adding 501c3 to Bi-laws 1 Year, 2 Months ago
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Our pto has had 501c3 status for about a year. We need to update our bi-laws with this new information. Does anyone have their bi-laws with 501c3 described? Hoping for a direction on this one.........thanks in advance......
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RE: Adding 501c3 to Bi-laws 1 Year, 2 Months ago
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Would this be added as an addendum to the bi-laws? Does it even need to be in the bi-laws?
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RE: Adding 501c3 to Bi-laws 1 Year, 2 Months ago
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Our school has been open for four years and we just applied for the 501c3. Did you come up with wording for your Bi-Laws? If so would you care to share with me?
Thanks a Bunch!
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RE: Adding 501c3 to Bi-laws 1 Year, 2 Months ago
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Our by-laws say that our PTO shall be operated in accordance with the requirements of 501(c)(3), or to preserve our status as 501(c)(3) -- sorry, don't have the exact wording at hand.
You can't really put in your by-laws that you are 501(c)(3), since that could be revoked (if you fail to file your tax return, for example).
The IRS doesn't really want this in your by-laws, either, because those are too easily amended; there are some specific clauses (dissolutionment) that need to be in the articles of incorporation, which are generally harder to amend.
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