MERGERS, REORGANIZATION & CLOSURES
Sometimes, reorganizing a charity or merging two nonprofits results in a more vibrant, well-prepared organization, ready to pursue its mission with renewed vigor.
Whether it’s a nonprofit reorganization, a merger or a dissolution, the action requires careful documentation and legal paperwork.
Charitable Allies can make sure the reorganization, merger or dissolution is handled in a way that protects your clients, board and staff to the highest degree.
OUR APPROACH
We’ll guide your charity through informing staff, volunteers and clients and taking inventory through filing a formal intent to close and the final locking of the doors.
Realigning your charity’s affairs includes addressing:
Donors
- Honoring intentions
Members (if any)
- Delivering any final benefits/services to which they are entitled
Employees, Vendors and Contractors
- Making final payments
- Dissolving contracts
Granting and Contracting Agencies
- Completing the work
- Making or receiving payments
- Filing reports
State and Local Governments
- Paying all taxes due
- Paying all fees due
The Community
- Letting the community know what’s happening
- Helping them find another outlet for your services