501c3 Application: Difference between revisions
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You may deduct donations from your federally-taxable income. Please contact a tax professional for the details of deducting such a donation. | You may deduct donations from your federally-taxable income. Please contact a tax professional for the details of deducting such a donation. | ||
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Revision as of 18:13, 5 August 2012
501(c)3 Status
Donations may be tax-deductible in the U.S. through our Fiscal Sponsor.
Open Source Ecology, a Missouri not-for-profit corporation, is registered as a charitable organization with the office of the Secretary of State with the State of Missouri, and may lawfully solicit donations under Missouri Law. Open Source Ecology has applied for tax exempt status (section 501(c)(3) of the Internal Revenue Code) from the United States Internal Revenue Service. Tax-exempt status was applied for in August 2012 and will be retroactive back to the date of creation of the Corporation: April 09, 2012.
Fiscal Sponsorship
While we await approval of our 501(c)3 application to the IRS, we have a fiscal sponsorship agreement with The Terra Foundation:
- IRS Determination Letter
- Form 990-N (2011)
- EIN #: 77-0298872
- Fiscal Sponsorship Fee: 2%
- Fiscal Sponsorship Contract
You may deduct donations from your federally-taxable income. Please contact a tax professional for the details of deducting such a donation.