Mapping the Documents Needed for the Transaction
Example #3: After School Photography Classes
- Client has an LLC engaged in a for-profit photography business.
- Last year client personally volunteered to give photography lessons to teenagers in an after-school program at a local high school. Everyone involved praised her efforts
- Client desires funding from the school system to create a more formalized after school program. To qualify she needs to have a nonprofit corporation with 501(c)(3) exempt status.
- She wants (somehow) to use the new nonprofit to help her for-profit business to grow.