Turning my website into a non-profit

Posted by GoodbyeWebsite on Pro Webmasters See other posts from Pro Webmasters or by GoodbyeWebsite
Published on 2012-06-13T18:33:12Z Indexed on 2012/06/15 15:28 UTC
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I was given an established website about a year ago. It makes some money on ads, but not much (less than 10k/year). I am no longer able to manage the site and am considering turning it over to another person.

I don't want them to turn around and sell it. It was suggested that I establish a non-profit of sorts and transfer the assets to that entity. Does anybody have experience or advice on this subject?

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