Working with an NPO (Investing under the 501(c)(3))

[Ace32]

What is the name of your state (only U.S. law)? CA

Hello and thank you for your advice, ahead of time! I have several parts to my question.

I am producing/directing a documentary on a Non-Profit Organization. I have heard that I can work with their tax-exempt status in very interesting ways. Up until now I have only structured television deals, with a very different financial strategy.

The NPO has agreed to do the documentary with me and are very excited. I have excellent investors lined up, ready to hear about how they can help to provide my relatively small budget. Before I go to them, I need to know:

Is it possible to use the NPO's 501(c)(3) status for my film? Specifically, can I tell my investors that their investment is a tax write off?

Right now, I need to tell the NPO in simple terms how we can structure this deal easily, and that it won't cause a major head-ache (and extra cost) for them at tax time. Then I need to clearly and truthfully state how this works in my investor package.

Then, soon after, I need the papers drawn up! I have money for a consult and contracts, but I want to make sure I'm working with the right person first.

Please help if you can!!!

Thanks,

Ace32