Good news today: the IRS informed KMF that it is now designated a 501(c)(3) federally tax-exempt nonprofit charitable organization! This status benefits KMF in many ways. Being recognized by the IRS enhances our public legitimacy. We will be exempt from paying taxes on many organizational activities. We will be able to seek a wider range of funds from a more diverse group of donors, including governmental organizations and other nonprofit charities.
Family and friends have always know how KMF honors Katie's life and work with the good work that it does. Now, with our 501(c)(3) status, people and organizations less familiar with us can get on board as well. With the upcoming 10/25 KMF Fun Run & Walk, KMF is undertaking its most ambitious project to date. It's a good time to have new ways to reach and to impress new people.
Speaking of the Fun Run & Walk: KMF is hoping that participants will register via mail or online well before the date of the event. This will help us to better anticipate our costs and materials needs this first time out. So far, early registration has been a bit sparse. So, if you plan to attend, PLEASE consider registering via mail or online soon. Thanks!
2 comments:
Congrats, John! I know getting that status isn't easy...lots of paper work. Nicely done!
-Amanda
YAY ^_^
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