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Public Charity vs. Private Foundation vs. Private Operating Foundation

So, you're either thinking about starting a 501(c)(3) charitable nonprofit or you're already in the process of doing so. One of the things you're going to have to decide on is what "type" of 501(c)(3) it needs to be. Now, some of you might be thinking, "I thought a 501(c)(3) was a 501(c)(3)?!" Not exactly. There are three primary types: public charity, private foundation, and private operating foundation. And the choice you make greatly impacts how your nonprofit is structured and how it operates. 📚 ADDITIONAL RESOURCES: •ARTICLE: "Nonprofit Structure: Public Charity, Private Foundation, or Private Operating Foundation?" https://bit.ly/3Gp3JQ2 •ARTICLE: "Public Charity vs. Private Foundation" https://bit.ly/3L4hWFs •ARTICLE: "Private Foundation vs Private Operating Foundation: Understanding the Key Differences" https://bit.ly/3IVWCzW 📱 Check out our Understanding the 501(c)(3) Public Support Test video at    • Understanding the 501(c)(3) Public Su...   🏆 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 Begin 0:51 The Public Support Test 1:01 What is a Public Charity? 1:55 The Purpose Test 3:00 The Organizational Test 3:51 What is Inurement? 4:16 The Public Support Test 4:51 What is a Private Foundation? 6:45 What is a Private Operating Foundation? 7:45 Why a Private Operating Foundation is “Hybrid” Reason: 1 7:58 Why a Private Operating Foundation is “Hybrid” Reason: 2 8:10 Why a Private Operating Foundation is “Hybrid” Reason: 3 8:20 Why a Private Operating Foundation is “Hybrid” Reason: 4 8:50 How are Donations Treated? 9:52 Conclusion