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When someone talks about nonprofits, the first thing that comes to mind for most people is a 501(c)(3) charity. That makes sense, given that the majority of nonprofits have this tax-exemption designation. But charitable nonprofits don’t tell the whole story. There are also many other types of nonprofits whose work accomplishes important, noncommercial purposes, ranging from trade associations to recreational clubs to social welfare nonprofits. It’s the latter one that is the focus of our video…that is, the 501(c)(4) social welfare organization. 📚 ADDITIONAL RESOURCES: •ARTICLE: “What is a 501(c)(4)?” https://bit.ly/3t1293i 🏆 YOUR NEXT STEP: •Fill out this form for a FREE consultation on how to start a nonprofit: https://bit.ly/3Tu9nYE •Register for Fundraising TV: https://www.501c3.org/fundraising-tv/ •Download the FREE eBook “10 Things You Need to Know Before Starting a Nonprofit” https://bit.ly/3XhFag0 0:00 Introduction 0:48 501(c)(4) Defined 1:26 What is Social Welfare? 1:47 Homeowners Associations 2:16 Advocacy Groups 3:38 Political Groups 4:36 Public Accommodations 5:15 How To Start a 501(c)(4) 5:56 Tax Treatment of Contribution 7:36 Conclusion