March 31st, 2005 by Steve Pavlina 
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When I woke up this morning, what immediately popped into my head was the idea of forming a nonprofit company. This might be the third alternative I was missing when I wrote the previous post last night. My wife knows several people who run nonprofits, and it seems to work well for them. They get to focus on contribution while still drawing a salary. So I will look into this. If anyone has any resources or information or suggested reading on this, please let me know.
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March 31st, 2005 at 7:33 am
Take a look at Tomorrow’s Company run by a guy called Mark Goyder. He runs his organisation as a business research and education charity.
website: http://www.tomorrowscompany.com/home.html
June 1st, 2005 at 3:09 pm
I was once considering setting up a non profit. A lot of people hire a lawyer, but you can do it yourself. If you decide to do it yourself, it might take a little longer. The reason: if something is not to their satisfaction, they will bounce your application over to the Bureau of Extremely Slow-Working Federal Employees. These nice folks will tell you what else you might need, and you have 90 days to provide them with the additional information. This is where I ran out of steam.
Your best bet is to download to 501(c)(3) organization exemption requirements from the IRS website, and start from there.