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Build · Month 2
Nonprofit Banking Setup
Open the right account with the right signers.
Overview
A nonprofit bank account keeps personal and organizational money legally separate — a requirement for keeping your corporate veil intact. This module covers what documents the bank needs, choosing a business checking account, authorized signers and dual-signature controls, and how to set up the account so donations and grants are traceable and audit-ready.
What you'll be able to do
- Gather the documents banks require for a nonprofit account
- Choose between business checking and nonprofit-specific accounts
- Set up authorized signers and dual-signature controls
- Keep the account structured for clean bookkeeping and audits
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