Do Foundations Ever Go Out of Existence?
Some are set up that way by the founders. The Markey Foundation produced a handbook on the process of dissolution - From Foundation News and Commentary.
What happens when nonprofits go out of business?
A plan of dissolution is supposed to be filed. Often that doesn't happen. Assets must be passed on to another organization with a similar purpose.
Can we re-incorporate in another state?
Although the organization may feel it is just a formality when the state of incorporation is changed, in fact one organization has gone out of existence and a new one has been formed. New standing with the IRS is necessary.
'Milestones' in the Life of a Nonprofit
The IRS and the UK Charities Commission have brief guides to starting, operating, and closing down a community-service organization or charity.