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From an organizational standpoint, this might be where you start to get your organization's legal structure in place.
For Alumnae associations, you'd form a not-for-profit corporation under your state's law, obtain an EIN from the IRS. Then you'd want to apply for 501(c)(10) status for your corporation under the IRS code so that you'd be tax exempt. If you're really swinging for the fences, while you're at it, incorporate a foundation and apply for 501(c)(3) tax exempt status for it so that alumnae could write off their donations.
This is no easy undertaking.. even as a lawyer, I've only gotten about 2/3 of the way for my own group. Obtaining 501(c)(10) status is a substantial undertaking.
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SN -SINCE 1869-
"EXCELLING WITH HONOR"
S N E T T
Mu Tau 5, Central Oklahoma
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