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How to form a 501(c) (3) nonprofit corporation. A nonprofit corporation is purpose driven, a company whose goal is not to make profit for themselves. Typically, they are an organization that wants to make money in order to help further a social cause or provide a public benefit. Lets get you started on the right path to forming a nonprofit corporation in Maryland. (upbeat music) If youre not sure what a nonprofit is, check out our other video, What Is A Nonprofit, linked below. How do you form a nonprofit corporation? There are two ways. You can do it yourself, or you can hire a service to do it for you. Lets take a look at both options and help you decide how to go about forming your own nonprofit corporation. Option one, do it yourself. If you want to save money, you can form a nonprofit corporation on your own. Lets take a look at the six steps to forming a nonprofit corporation on your own. One, choose and secure your nonprofits name. The name you select for your nonprofit w