Behavioral Health Services Foundation of South Carolina, Inc.

Organization Checklist

August 28, 2014

Item / Notes / Status
Immediate Actions
1. / File Articles of Incorporation / Done; filed effective August 8, 2014
2. / Hold initial Board meeting to adopt Bylaws and Conflict of Interest Policy and to elect officers / Must be done prior to filing 501(c)(3) application
3. / Obtain federal tax ID number / Must be done prior to filing 501(c)(3) application / Done: 47-1725870
4. / Apply for City of Columbia business license / Must be done in person at Columbia Business License Division: 1339 Main Street, first floor. (License fee TBD.)
5. / Submit 501(c)(3) application
6. / Adopt additional corporate policies, as desired / Policies to consider:
§  Compensation
§  Expense Reimbursement
§  Financial
§  Fundraising
§  Gift Acceptance
§  Record Retention and Destruction
§  Whistleblower Protection
§  Mission Statement
7. / Open bank account
8. / Register as a charitable organization with SC Secretary of State / §  This should be done preferably after receiving 501(c)(3) approval, but in any event prior to beginning first solicitation campaign.
§  Note: Can apply for exemption from SC charitable registration requirements if BHSF does not intend to solicit and receive more than $7,500/year in contributions from the public.
§  Complete online; will need to include copy of IRS 990 or alternative financial report.
https://www.scsos.com/Charities/Eng/Public/
($50 fee)
Other Considerations
9. / Nonprofit mailing permit / Can apply at post office, after 501(c)(3) approval received
10.  / Liability insurance / D&O liability insurance recommended
11.  / Trademark registration for name/logo / Optional
12.  / Employees
/ §  Before hiring employees, register as a withholding agent with the SC Department of Revenue (Form SCDOR-111) and the IRS.
§  Every new employee must be reported to the SC New Hire Program: www.scnewhire.com.
§  Additional requirements apply for 4 or more employees.
13.  / Charitable Solicitations / If BHSF engages a professional fundraiser, must submit “Notice of Solicitation” to SC Secretary of State at least 10 days prior to beginning of solicitation campaign.