Health Care

questions & answers

Question: Can I utilize financial funding from an established foundation (501(c)(3)) if the INCORPORATOR is placed in a senior living facility due to injury? Upon her discharge, 24 hour care will be required. If yes, how? Thank you.

Answer: A 501(c )(3) “nonprofit” corporation is an IRS category, (exempting charitable organizations from income tax), which is, in turn governed by state law and its own internal Articles of Incorporation and Bylaws (see Arizona Corporations Commission “Instructions C011i, Articles of Incorporation – Nonprofit Corporation”.) In Arizona 501 c(3) companies must follow their Bylaws with respect to directors’ and officer’s duties, and procedures in the event of such person’s "incapacitation", temporary or permanent. For example, one should be able to look to those Bylaws to learn who can/must take over the duties of an officer with financial responsibility when he/she becomes incapacitated.

Comments:

QUESTIONS

  • Can I utilize financial funding from an established foundation (501(c)(3)) if the INCORPORATOR is placed in a senior living facility due to injury? Upon her discharge, 24 hour care will be required. If yes, how? Thank you.

STORIES

  • I just helped my mother, age 89, deal with her Medicare HMO. . .
  • He told me that I could actually get all the money I needed by using my home as collateral. . .
  • He told me that I could actually get all the money I needed by using my home as collateral. . .

LegalLEARN

YOUR FEEDBACK IS NEEDED

  • Welcome to our Newly Redesigned Website! Let us know how we are doing! Please take a couple of minutes to fill out our survey.

FIND LEGAL HELP

  • Please select your county of residence below.

    County:
     

OTHER LEGAL RESOURCES

  • State Bar of Arizona
    www.azbar.org
  • Maricopa County Bar
    www.maricopabar.org
    Referral number 602-257-4434
  • Pima County Bar
    www.pimacountybar.org
    Referral number 520-623-4625
  • National Domestic Violence Hotline
    800-799-7233
  • Bankruptcy Court Self Help Center
    866-553-0893
  • Certified Legal Document Preparer Program
    Link

ORGANIZATIONS