KonectIDY and Chicago Ideas Week 2015

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Our interview with Chicago Ideas Week 2015 – KonectIDY bracelets are more than just fashion statements; they’re passion statements. In 2013, Peter Ettenborough and Tony Peluso founded the bracelet company as a way to allow nonprofits and individuals alike to express their goals and values—all in vibrant technicolor. Two dollars…

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How Long Does it Take to Get a 501c3

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There are numerous steps that must be accomplished before the IRS will grant an organization with a 501c3 status. The company must be organized as a corporation and have their articles of incorporation filed with their governing state body before they can even apply for this national level tax-exempt status….

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What Are the Benefits of 501c3

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Organizations that apply for a 501c3 status through the IRS and/or their state are doing so because they want to achieve the tax exempt status that comes along with the designation. When the 501c3 status applies at the state and national level, then no taxes on income generally need to…

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How to Write a 501c3 Donation Letter

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Donations that are provided to a 501c3 are generally considered to be tax deductible. Although those making the donation can keep their own records about what was donated, having a written confirmation about the donation makes it easier for the organization and the individual to say in tax compliance every…

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