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I have a sought after muscle car recently gifted to me that I would like to use to start a non-profit

Veteran

Eugene Brown Fresno, CA

Can I use my own assets to start a nonprofit and if so what direction would you recommend I go being that I'm going this route as a self-starter...?

9 March 2021 3 replies Career Exploration

Answers

Advisor

Jennifer Polhemus Santa Monica, CA

Yes, you can transfer your assets to a nonprofit, and kudos for your generous spirit! But, BUT, so many nonprofits struggle to fulfill their mission amidst the legal and administrative requirements.

I urge you to take your passion/concern (e.g., hunger, poverty, car collecting) and partner with an existing organization that shares your values. You would achieve more in the end I think.

Adding this: My husband is from Fresno originally. Try this website: https://www.centralvalleycf.org/

Veteran

Eugene Brown Fresno, CA

"All Others before us"... Our primary mission and objective to help fortify and feed families...aid those who are and or have been recognized through helping their communities by donating their own time and resources ... that they may continue to nourish the spirit.. mental and physicall state of being of and for so many others ..."All" others...before us...🙏

Advisor

Colleen Deere New York, NY

Hi Eugene, thanks for your question. What type of non-profit are you thinking of starting? That will help us target better advice for you on next steps.

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