Differences

This shows you the differences between two versions of the page.

Link to this comparison view

Next revision		Previous revision
501_c_3_educational_non-profit [2017/07/23 17:58] – created ::1501_c_3_educational_non-profit [2018/01/31 14:36] (current) – admin
Line 1: Line 1:
-As of xxxxx, Chatt*lab Makerspace Corp. is a 501(c)3 Charitable Non-Profit, with an effective exemption date of xxxxx+As of February 10, 2017, Chatt*lab Makerspace Corp. is a 501(c )(3) Charitable Non-Profit, with an effective exemption date of October 21, 2016
  
 == What this means == == What this means ==
Line 7: Line 7:
 == Guidelines for 501(c)(3) Usage == == Guidelines for 501(c)(3) Usage ==
  
-* Your Dues ARE NOT tax deductible +  *  Your Dues ARE NOT tax deductible 
-** Your dues ARE NOT eligible for matching funds +  *  Your dues ARE NOT eligible for matching funds 
-* Any cash or physical donations are tax deductible +  *  Any cash or physical donations are tax deductible 
-** YOU are responsible for properly valuating your donations +  *  YOU are responsible for properly valuating your donations 
-* ALL donations must be properly and indelibly marked as 501(c)(3) donations, for tracking purposes +  *  ALL donations must be properly and indelibly marked as 501(c)(3) donations, for tracking purposes 
-* ALL donations, cash or otherwise, are property of Chatt*lab, and cannot be removed. +  *  ALL donations, cash or otherwise, are property of Chatt*lab, and cannot be removed. 
-* Chatt*lab does NOT offer fiscal sponsorship+  *  Chatt*lab does NOT offer fiscal sponsorship
  
 == How do I donate to a 501(c)(3) == == How do I donate to a 501(c)(3) ==
  
-Our tax receipt form is here: +Our tax receipt form is here: [[https://docs.google.com/document/d/1JBbwpGMhmXfKEEGd_5RGgh0yFB3Bhuf4u_GAdn3fOVc/edit?usp=sharing|Link for Donation Form]]
  
 For donations worth LESS than $250: For donations worth LESS than $250:
-* A receipt need not be issued +  *  A receipt need not be issued 
-* A note mentioning the address, date, and description of property donated is sufficient if the donor requests it+  *  A note mentioning the address, date, and description of property donated is sufficient if the donor requests it
  
 For donations worth MORE than $250: For donations worth MORE than $250:
-* A receipt MUST BE ISSUED +  *  A receipt MUST BE ISSUED 
-* Chatt*lab needs to retain a copy of the receipt for record keeping+  *  Chatt*lab needs to retain a copy of the receipt for record keeping
  
 For non-cash donations worth BETWEEN $500 and $5000: For non-cash donations worth BETWEEN $500 and $5000:
-* Must include a note of how the donation was acquired (purchased, inherited, etc.) +  *  Must include a note of how the donation was acquired (purchased, inherited, etc.) 
-* Must include a note of the approximate date of acquisition by the donor+  *  Must include a note of the approximate date of acquisition by the donor
  
 If you have any questions, please contact directors@chattlab.org If you have any questions, please contact directors@chattlab.org