Mary Thomas Foundation

                           "For Lifting Souls"

Mary's Foundation is registered state of Georgia non-profit organization.

 

However, we are in the process of applying for our IRS 501(c)3 Non-profit approval.

 

When the IRS approves a timely filed exemption application, exempt status is recognized back to the date the organization was created.

 

Contributions to Organization with IRS Application Pending

 

Thus, while an application is pending, the organization can treat itself as exempt from federal income tax under section 501(c)(3).  For example, it must file Form 990 (instead of an income tax return) while its application is pending.

 

However, contributors to the organization do not have advance assurance of deductibility because the organization’s exemption is pending.  If the organization ultimately qualifies for exemption for the period in which the contribution is made, the contribution will be tax-deductible by the donor.  Alternatively, if the organization ultimately does not qualify for exemption, then the contribution will not be tax deductible.

 

Source: https://www.irs.gov/charities-non-profits/charitable-organizations/contributions-to-organization-with-irs-application-pending

 

However, you are advised to seek assistance from you financial advisor.

 

For donations $250 or more will provide a letter to you, if you provide your mailing or Email address. Letters are mailed in January of the following year after your contribution(s).

 

Thank you for your support

Copyright © 2017 - 2018  by Mary's Foundation.  All Rights Reserved

 

Your Donation of any amount would be greatly appreciated

and it will help us to Uplift more Souls. Thank you!