: Turning my website into a non-profit I was given an established website about a year ago. It makes some money on ads, but not much (less than 10k/year). I am no longer able to manage the
I was given an established website about a year ago. It makes some money on ads, but not much (less than 10k/year). I am no longer able to manage the site and am considering turning it over to another person.
I don't want them to turn around and sell it. It was suggested that I establish a non-profit of sorts and transfer the assets to that entity. Does anybody have experience or advice on this subject?
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In what country? the USA? I've heard from several people that establishing a formal non-profit organization is a lot of complicated paperwork and setup.
It might be easier to
simply donate the money to a charity
possibly donate the website to a charity, if they can handle that
sell the website yourself
shut the website down
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