GoFundMe – Nonprofit Startup
I am looking to legalize and start a non-profit of my ministry called Corey Gibson Ministries. This will be a non-profit of different ministries that will help with the expansion of God’s Kingdom and also reach people in need. Out of Corey Gibson Ministries (CGM), there will be several key projects and ministries including:
Awaken This Heart – this is my personal speaking ministry that will also transform into a platform for other traveling speakers & young pastors to be launched into their spheres of influence. more info
Lead Well Network – is a leadership mentorship & coaching initialtive to move the next generation of leaders forward. more info
Project I Matter – will help with people who are in tough situations, hardships and castastophe. We will partner with churches and other organizations to provide needed resources and aide such helping qualified candidate find jobs, resume help, student scholarships, revitalization of failing/fledging schools, and disaster relief.
The startup funds raised will go to these areas specifically:
$500 – Service Fee (attorney/legal fees for drafting incorporation & Nonprofit-1023 paperwork)
$150 – State Incorporation Fee ($100 TN incorporation fee + $50 charity reg. license)
$350 – Nonprofit 501c3 fee (Federal Government fee for Nonprofit/Tax Exempt Status)
$50 – GoFundme service fee (5%)
$1,050 total startup
Once 501(c)3 nonprofit status has been approved/granted, those who contributed will received an end of the year tax statement for filing purposes.