Big news out the kitchen today!
We’ve officially been granted 501(c)3 tax exempt, public charity status by the US government.
What does that mean?
501(c)3 refers to section of the federal tax code making some charities and foundations exempt from some taxes. US citizens and organizations making donations can claim them on their taxes, encouraging more people to give. More importantly, it is a prerequisite on many grant applications and public funding appeals (for example, some crowd funding web sites).
The status is also retroactive since our incorporation, meaning any donation American citizens have made as of December 28th, 2015 could be claimed as tax deductible.
What’s next?
Our work isn’t finished. We still have more work to do to complete the process and contact our donors to let them know. Then we will be on the hunt for grants that will help us grow as an organization, both internally and in the outreach programs we can offer.
In the future we hope this will allow us to accept donations via paypal without incurring the 3% service charge.
How’d you do it?
None of this would have been possible without your support over the past five years. Courageous Kitchen, previously known as In Search of Sanuk, began by giving $15 to a handful of families in need so they could purchase food. Today we help about 20 families survive each month and the new charity status will help bring our form of full bellied hope to more people struggling to feed their families.
