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Jan 26, 2024
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#1
hello! I signed up for this chat myself, hoping for the help of Catholic brothers and sisters. My daughter is seriously ill, I am a single mother, my husband has gone to God, I have grief after grief, my house burned down and I wanted to ask for help to establish a foundation named after my daughter. I can send all the evidence and a passport with my photo
 

Subhumanoidal

Well-known member
Sep 17, 2018
3,748
2,915
113
#2
hello! I signed up for this chat myself, hoping for the help of Catholic brothers and sisters. My daughter is seriously ill, I am a single mother, my husband has gone to God, I have grief after grief, my house burned down and I wanted to ask for help to establish a foundation named after my daughter. I can send all the evidence and a passport with my photo
This is not a Catholic site, so you won't find many Catholics. Many, if not most, on here opposse Catholicism, some quite vehemently.
Does this mean you're seeking financial help?
 

Magenta

Senior Member
Jul 3, 2015
56,972
26,718
113
#4
I wanted to ask for help to establish a foundation named after my daughter.
Private foundations do not raise funds or seek financial support from the public, rather,
they can provide a significant source of funding for charitable causes. They can also
allow you to have a significant impact on the causes you and your family care about.
Additionally, private foundations can provide a way for you to leave a lasting legacy.


Starting a private foundation generally consists of the following 12 steps: (source)
  1. Define a philanthropic objective
  2. Create a mission statement
  3. Solidify grant-making guidelines
  4. Hire a legal team and financial advisors for initial planning and ongoing compliance, record-keeping and tax returns
  5. Establish a board structure and appoint board members or trustees
  6. Consider your personal time investment vs. hiring a staff to manage your foundation
  7. Determine if your foundation should cease or continue after your lifespan
  8. Form your foundation as either a trust or corporation under state law
  9. Apply for an employer identification number (EIN)
  10. Apply to the Internal Revenue Service (IRS) for recognition as a tax-exempt 501(c)(3) charity and to receive tax-deductible contributions
  11. File any additional required paperwork to obtain tax-exempt status from your state
  12. Follow IRS foundation guidelines, including:
    1. Make grants worth at least 5 percent of your foundation’s investment assets each year
    2. Must provide grants only to other nonprofits or for educational scholarships
    3. Must pay up top a 2 percent excise tax on your foundation’s investment assets
 

tourist

Senior Member
Mar 13, 2014
41,533
16,411
113
69
Tennessee
#5
hello! I signed up for this chat myself, hoping for the help of Catholic brothers and sisters. My daughter is seriously ill, I am a single mother, my husband has gone to God, I have grief after grief, my house burned down and I wanted to ask for help to establish a foundation named after my daughter. I can send all the evidence and a passport with my photo
Hopefully, you will find comfort, support, and understanding from the members of this site. Glad to have you join our family. Welcome to CC.
 

TabinRivCA

Well-known member
Oct 23, 2018
12,530
10,153
113
#6
So nice to meet you and you are welcome here anytime😍 I worked for a Catholic Priest as his PR person for almost 4 yrs. It was my best 'assignment' ever. We started each with a Bible reading and a prayer. The main thing is of course they believe in Jesus.
So sorry to hear of your many trials, I think we've all been put to the test. There is a Prayer Request Forum, if you'd like, put in a request for your daughter, I would love to pray for her.
Remember, God Jesus and the Holy Spirit are for us and waiting for us to turn to them and give them our cares. Find promises and confess them daily like 'By His stripes my daughter is healed, thank you Lord!'. 'We live by faith and not by sight', God bless & keep you and your family karla1996worldlove🙏✝