O
osuhomebase
Guest
What is the name of your state? OH
I want to open a bank account for myself and a group of friends to deposit money into. We will use the money to make purchases for the group. I want to make a paypal account online so that people can deposit donations that way.
Do I need to be a legitimate non profit organization to do this?
nobody is making a profit from any purchases we make and nobody is getting paid to keep up the website or bank account.
Is there anything else I need to worry about?
I want to open a bank account for myself and a group of friends to deposit money into. We will use the money to make purchases for the group. I want to make a paypal account online so that people can deposit donations that way.
Do I need to be a legitimate non profit organization to do this?
nobody is making a profit from any purchases we make and nobody is getting paid to keep up the website or bank account.
Is there anything else I need to worry about?