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Can an LLC Business Get Grant Money?

GrantNews

If you own a Limited Liability Company (LLC), you may be wondering whether you’re eligible to receive grant funding to support or grow your business. However, eligibility depends on the type of grant, the nature of your business, and how well your goals align with the funding source. The good news?

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How Government Grants Are Changing Grant-Making Policies

GrantNews

Specifically, to improve food insecurity and reduce food waste by expanding liability protection for food donors. The goal of the program is to mitigate diesel exhaust produced by school buses. To illustrate, On January 5, 2023, the bipartisan supported Food Donation Improvement Act (FDIA) was signed into law.

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7 Emerging Trends for 2025: Is Your Nonprofit Prepared?

GrantNews

By expanding liability protection for food donors (many of them businesses) vital In-Kind Support has been provided to critical programs to improve the quality of live to local citizens since January 5, 2023. After all, your goals is to make it easy for supporters to donate.

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The Legal Process of Tax Exemption and Fundraising

DoJiggy

Choosing the Right Business Structure: Why It Matters Your business structure sets your organization’s legal and financial foundation, and it can directly impact your eligibility for tax exemption, whether youre forming a nonprofit corporation, a Limited Liability Company (LLC) , or another structure.

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What’s the Cost Behind Starting a Nonprofit Organization in 2025?

Grant Writer Team

Your Nonprofit Organization’s Realistic Goal From legal fees and state filing fees to administrative expenses and initial program funding, the costs of starting a nonprofit in 2025 can vary greatly. Insurance: General liability insurance typically costs $500 to $1,500 annually.

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Do You Have to Pay Taxes on Grant Money?

GrantNews

Navigating the tax framework supporting grant money requires careful consideration to ensure compliance with IRS regulations and avoid potential tax liabilities. While grant money can provide crucial support for achieving your educational, research, or business goals, it’s essential to be aware of its tax implications.

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Nonprofit or LLC: What Distinguishes One from the Other?

GrantNews

So, if your goal is to have a positive impact on your community. In contrast, if your goal is to offer your community beneficial products and services that in turn help you make a profit, an LLC is the better fit. For more details about LLCs, here is a link to the IRS definition of a Limited Liability Company (LLC).

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