As of xxxxx, Chatt*lab Makerspace Corp. is a 501©(3) Charitable Non-Profit, with an effective exemption date of xxxxx
What this means
This means that Chatt*lab can accept donations, and issue a receipt for donations over $250. If your employer has a matching program, Chatt*lab may be eligible to receive matching donations from your employer.
Guidelines for 501(c)(3) Usage
- Your Dues ARE NOT tax deductible
- Your dues ARE NOT eligible for matching funds
- Any cash or physical donations are tax deductible
- YOU are responsible for properly valuating your donations
- ALL donations must be properly and indelibly marked as 501©(3) donations, for tracking purposes
- ALL donations, cash or otherwise, are property of Chatt*lab, and cannot be removed.
- Chatt*lab does NOT offer fiscal sponsorship
How do I donate to a 501(c)(3)
Our tax receipt form is here:
For donations worth LESS than $250:
- A receipt need not be issued
- A note mentioning the address, date, and description of property donated is sufficient if the donor requests it
For donations worth MORE than $250:
- A receipt MUST BE ISSUED
- Chatt*lab needs to retain a copy of the receipt for record keeping
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 the approximate date of acquisition by the donor
If you have any questions, please contact directors@chattlab.org