Formalizing Operations
In March 2022, the United States National Grid Institute (USNGI) came into formal existence when the Board of Directors of the geospatial research and development nonprofit SharedGeo accepted the USNGI as that organization's first Fiscal Sponsorship. Through this IRS legally defined relationship, SharedGeo is able to extend its IRS tax exempt status to an effort which it believes has the potential to evolve into becoming a self-standing nonprofit with a mission related to that of SharedGeo's.
Before accepting the USNGI for Fiscal Sponsorship, SharedGeo's Board of Directors required the organizers of the USNGI to accomplish four tasks:
- Project had to identify at a minimum a three-person Board of Directors to manage initial operations of the project,
- Project Board of Directors had to have in place a signed Articles of Incorporation which would be appropriate for filing incorporation in the state of Minnesota,
- Project Board of Directors had to have a signed set of Bylaws would be appropriate for managing the Project as its own entity, and
- SharedGeo and Project had to have in place a signed contract for Fiscal Sponsorship services.
As appropriate, links below provide access to those items.