How would you like to finally start your memorial foundation in honor of your loved one? Have you been putting it off because you don’t have the funds or you don’t know how to raise the money to get your 501(c)3? Perhaps you’re worried you will become one of the 30% of new businesses that fail during the first two years of being open, or worst, that you’ll never even get to launch. That doesn’t have to be your story.
Running a memorial foundation is and will be very hard work. There is no doubt about it that you’ll have some times when you will feel drained and tired and others where you’ll feel more motivated. Are you really prepared for all that you will need to give of yourself to run a charitable business.
Many times memorial foundations are started by family members who truly want to make a difference and see change in their community. They get together a few people and host events that commemorate their deceased loved one. Often times, they don’t already have a savings built up for a new business. In fact, they probably weren’t planning to start a memorial foundation when they planned their first event, but it somehow developed into something large than themselves.