Posted: Sun Nov 21, 2010 2:56 pm
Malden, I don't understand what you are saying.
We will receive money from igive and goodsearch when online shoppers sign up for their free service and ask that a percent of their purchases are donate to us. Only registered nonprofits can benefit from this service. The income/donations we will take in, and so far there are none, must be reported by source to the US internal revenue service.
Our US nonprofit status document is available on our website and we are registered through Guidestar which lists US IRS approved nonprofits so donors can verify status. Once we file our first tax return, it must be made public by law. US nonprofits must be 100% transparent or they lose their status.
We will receive money from igive and goodsearch when online shoppers sign up for their free service and ask that a percent of their purchases are donate to us. Only registered nonprofits can benefit from this service. The income/donations we will take in, and so far there are none, must be reported by source to the US internal revenue service.
Our US nonprofit status document is available on our website and we are registered through Guidestar which lists US IRS approved nonprofits so donors can verify status. Once we file our first tax return, it must be made public by law. US nonprofits must be 100% transparent or they lose their status.