[Businessmtg] Incorporation
Sandie
daggss at xplornet.com
Mon Jul 5 08:18:26 PDT 2010
Thank you Jerry for providing additional information -
>From what I understand:
We have a EIN
A EIN is insufficient for Paypal - Paypal requires proof of incorporation as a non-profit.
As a non US citizen Paypal is my method of donating to ASP - Without Paypal as a Canadian I would have to go to my Bank to purchase a U.S. $ money order - pay service fee for the money order --and then mail off the donation - double a normal stamp! Paypal is nice and simple -
According to World Service Office most banks will still open a account for a local group with a EIN - however this does not apply...
We require Paypal -
In order to have Paypal we have to incorporate - It does not appear that we have any choice-
We need by-laws
We need a new Treasurer! Jerry has been doing a wonderful job (Thank you) ----
Sandie
More information about the Businessmtg
mailing list