FREE: TWO BC-669s

[J Forster]

And the mission is ......   ?

-John



cfb at due.com wrote:

> Hi John,
>
> The museum is formed as a non-profit organization in Colorado. 501(c)(3)
> status is at the Federal level, and is granted after many, many months of
> detailed and complex work, paperwork, forms, etc. The Federal statutes show
> that as long as 501(c)(3) status is applied for within 27 months of
> incorporation, the status is granted back to the original date of
> incorporation, and the museum can accept donations now.
>
> Here's some verbiage from the Wikipedia that says it better: "Some
> organizations automatically acquire 501(c)(3) status upon filing of proper
> organic documents (e.g., articles of incorporation as a church), at least
> until annual income exceeds a statutory threshold. Others will not receive
> 501(c)(3) status until they file an application and supporting documentation
> to the IRS and have a certification letter issued. The IRS will examine the
> application and may request further financial and organization information
> prior to granting the 501(c)(3) status. To cover donations made before the
> letter is issued, the regulations require prompt filing of the application
> after organization, or after an existing organization satisfies the criteria
> for 501(c)(3), or after exceeding the income threshold."
>
> We're doing things right, and careful. I hope this answers your question.
>
> Charles
>
> -----Original Message-----
> From: J Forster [mailto:jfor at quik.com]
> Sent: Friday, September 07, 2007 6:37 PM
> To: cfb at DUE.COM
> Cc: BOATANCHORS at LISTSERV.TEMPE.GOV
> Subject: Re: [BOATANCHORS-TEMPE] FREE: TWO BC-669s
>
> Charles Bacon wrote:
>
> > Dee, and The List,
> >
> > I have just started a non-profit museum, and would be happy to take these
> in
> > as donations, which of course would allow you to take a tax-deduction.
> > However, I am in Colorado, not exactly close to Virginia!
>
> Hi,
>
> What's the museum's mission? Is it 501C3?
>
> -John

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