[HOT] HOT is Now Tax Exempt in the US

ALCE, Samuel Paul alcesamuelpaul at gmail.com
Fri Mar 1 04:04:46 UTC 2013


Wow!!! Really happy for you guys!!! Keep working and doing good things
worldwide...
On Feb 28, 2013 10:55 PM, "Alex Barth" <alex at mapbox.com> wrote:

> w00t!
>
>
> On Thu, Feb 28, 2013 at 8:00 PM, Kate Chapman <kate at maploser.com> wrote:
>
>> Hi All,
>>
>> We received some very good news today. HOT received notification from
>> the Internal Revenue Service (IRS) of the United States that we have
>> been approved and are now a 501(c)(3). 501(c)(3) status is a tax
>> exempt status in the United States. We had applied back in November
>> with the assistance of a lawyer to obtain this status. This was one of
>> the goals from the strategic planning process carried out by the board
>> last year.
>>
>> This status makes us exempt from federal taxes in the United States.
>> There are also additional benefits. People and organizations that
>> donate to us now are able to deduct their donations from their own
>> taxes as well. This makes us eligible for a variety of corporate
>> donation programs we were not previously. There are also fondations
>> that require organizations to have this status to apply for grants as
>> well.
>>
>> So this may seem like a bureaucratic, administrative thing (which it
>> is), but also it i will give us more resources to continue to do all
>> the work that we are currently doing and more!!
>>
>> Thank you everyone for volunteering with us, without your help we
>> wouldn't have a purpose and there wouldn't be much point in applying
>> for things like this.
>>
>> For those more interested in the status the Wikipedia article has some
>> more details: http://en.wikipedia.org/wiki/501(c)_organization
>>
>> Best,
>>
>> -Kate
>>
>> _______________________________________________
>> HOT mailing list
>> HOT at openstreetmap.org
>> http://lists.openstreetmap.org/listinfo/hot
>>
>
>
> _______________________________________________
> HOT mailing list
> HOT at openstreetmap.org
> http://lists.openstreetmap.org/listinfo/hot
>
>
-------------- next part --------------
An HTML attachment was scrubbed...
URL: <http://lists.openstreetmap.org/pipermail/hot/attachments/20130228/4b399718/attachment.html>


More information about the HOT mailing list