Submitted by Jean Butzen on August 20, 2009 - 10:40

How to Legally Dissolve a Nonprofit

Occasionally I get a phone call from people wondering what the process is for shutting down a nonprofit. Believe it or not, there are forms you need to fill out with the IRS and your state to dissolve a nonprofit organization. I recently ran across a great blog posting by by someone named Don Griesman, who wrote a detailed explanation about what you have to do when ending the operations of a nonprofit organization or foundation in all the various situations: mergers, transferring assets, or simply shutting the door. Don also provides hyper links to IRS forms and sites that you might need to refer to for dissolving a nonprofit. Go here for the posting.