Sorry I was confusing. One of our customers has come into some cash and would like to have a fundraising evening for a local charity. He wants to use his cash to sponsor the evening and he wants us to join him.
He isn't a non-profit. We definitely aren't a non-profit. Local folks are already gearing up and wanting to write checks out to some foundation.
Our customer thought our trust department could collect the checks and write a check to a charity (when he picks one.) And we can.....but how do we title the account? Our trust department approached the customer about setting up his own charitable organization, but he doesn't want to (for whatever reasons.)
I think we have decided to look into setting up our own corp although there is still some debate about how to title. We'd want to use the corp for other charitable purposes. But then how do we collect checks that are made out to "Joe Bob's fundraising dinner." I'd like Joe to get credit for thinking of others with his windfall, but I wish he had been advised to set up something on his own. There is a community foundation where I lived before, and I'm thinking of calling them to see how they set it up. Obviously, they run these things. And, they bank with someone.
Thanks again, Jokerman - - -sorry for the rambling.