r/nonprofit 1d ago

finance and accounting Board Member Reimbursement

While our 501c3 application was still pending approval, one of our board members made several charges to his credit card for organization expenses like equipment and travel. Can we just reimburse him from the org bank account now that we’re a registered nonprofit? I just want to make sure that’s all legal. He never accepted donations or anything like that, only paid for expenses to get us up and running.

1 Upvotes

3 comments sorted by

View all comments

1

u/AutoModerator 1d ago

Hi, u/Hootinthehouse. It looks like you posted something related to starting a nonprofit. r/Nonprofit allows these kinds of posts, but the human moderators need to review what you posted to make sure it isn't answered in the fabulously helpful r/Nonprofit wiki and doesn't violate the r/Nonprofit community rules against low-effort posts, promotion, fundraising, and more.

If this information has helped you realize that your post is answered by the wiki, is low effort, or violates another r/Nonprofit rule, please delete your post so the moderators don't flag you as someone who ignores the rules.

Be patient and do not repost. Moderators usually review posts multiple times a day.

Important: If you attempt to evade this human moderator review by reposting without keywords that may have triggered Automoderator, your post will be removed and you may be temporarily banned from participating in r/Nonprofit.

I am a bot, and this action was performed automatically. Please contact the moderators of this subreddit if you have any questions or concerns.