501(c)3 Status Pending
So, our 501(c)3 status is still pending, but students can't wait for their education to be funded.
What does this mean?
It means that we are waiting for the IRS to approve our 1023 application for tax exempt status.
What's important about this for you?
As per the IRS until we are approved we can not offer you a tax deduction for your donation, BUT once we are approved past donations become deductible.
What's up with the 1023 application?
We have worked diligently and purposefully on our 1023 application, developing a comprehensive and thorough due diligence process that all partner schools complete. We have sought counsel from a number of nonprofit lawyers and accountants. We have reviewed approved 1023 applications and discussed the content of our applications with our mentors. We feel confident that it is only a matter of time before our tax exempt status is approved and your donations are tax deductible.
After all, you deserve a little break for the good that you're doing.
For more information visit: http://www.irs.gov/Charities-&-Non-Profits/Charitable-Organizations/Contributions-to-Organization-with-IRS-Application-Pending