[Noisebridge-board] IRS 501(c)(3)application sent in!
jacob at appelbaum.net
Thu Jan 29 16:37:36 PST 2009
Mitch Altman wrote:
> I was at Carol Gee's yesterday to sign all the forms, and they are
> now sent off to the IRS.
> Here's what we can now expect: Carol says that after about 3 or 4
> months we should be approved as "provisional". We then have 5 years
> to prove ourselves as a public benefit, including getting a certain
> percentage of funds donated from outside the organization (with the
> donations coming from lots of individuals or businesses, and not just
> some big donors).
> It is possible that the IRS will have some questions for us that we
> will need to answer within the 3 or 4 months. It is also possible
> that whoever examins our application hates the word "hacker" (or
> something), and that will make it more difficult for us. But Carol
> sez that this isn't likely.
Awesome news Mitch! I think in five years, we'll be able to do prove
that we're a public benefit. Probably much sooner!
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