Press Release

The Pro Bono Committee of the Asian American Bar Association of New York (AABANY) in collaboration with the Asian American Legal Defense presents a free workshop on: Legal Nuts and Bolts of Becoming a 501(c)(3) Nonprofit

This workshop is for community leaders to learn more about applying for tax-exempt status under Internal Revenue Code 501(c)(3) and incorporating as not-for-profit/nonprofit corporations under New York State law.

Experienced attorneys will outline the benefits and drawbacks in applying for tax-exempt status, overview the application process, and give general descriptions about the obligations of non-incorporated/non-501(c)(3) groups under federal tax and state incorporation laws. It will also explore alternatives such as fiscal sponsorship for fundraising purposes.

NOTE: Attendees are invited to ask general questions from practitioners but this event is not intended to provide individual groups with legal advice. Referrals for attorneys, however, can be provided.

Wednesday, July 18, 2007 6:30 to 8:00 PM

Hosted by: Davis Polk & Wardwell 450 Lexington Avenue Entrance on 45th Street 4 / 5/ 6 / 7 to Grand Central Station

RSVP by July 12 here Or email arlene@2g.org with name, organization, address, phone, and email. Limited to 40 participants. Free dinner will be provided.

For more information contact:
andy.chen@abnamro.com
gmagpantay@aaldef.org, 212-966-5932,x206

www.aabany.org
www.aaldef.org
www.aaartsalliance.org
www.alp.org