We regularly feature answers to questions from readers in our “To the Point” column. The full list can be viewed here. Here are a few questions recently received from readers. Can only rich form 501(c)(3)? I am interested in starting up a 501(c)(3) but have read that none of the principals of the organization are allowed to obtain monetary or material benefit. If that is the case, how does anyone on the board get paid? Can only rich people form a (c)(3)? --From the Website. No. Anyone may form a 501(c)(3) charity and may get paid reasonable compensation for services rendered to the organization. You are correct that a charity may not confer private inurement upon an individual, but that is...