Deductibility of donations: Difference between revisions

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[[Fundraising|< Fundraising]]
 
The Wikimedia Foundation Inc., a Florida not-for-profit corporation, is registered as a charitable organization with the State of Florida's ''Division of Consumer Services'', a division of the State of Florida's ''Department of Agriculture and Consumer Services'', and may lawfully solicit donations under Florida law. However,The WikimediaFoundation ishas stillbeen in the process of obtaininggranted official tax exempt status (501(c)(3)) from the United States ''Internal Revenue Service''. WeCorporate arestatus hopingwas togranted havein anApril answer2005 fromand theis IRSretroactive beforeback mid-Februaryto 2005.the Asdate itof iscreation aof newthe organization (corporate status granted:Foundation; June 20, 2003),. youYou may not deduct donations from your federally-taxable income until the IRS determines Wikimedia is tax exempt. If you make a donation, you will receive the paperwork needed to claim it as a tax deduction once tax exempt status is granted; pleasePlease contact a tax professional for the details of deducting such a donation.
 
Donations from individuals who are not U.S. residents or nationals may not be tax-deductible &mdash; questions about such donations should be directed to a tax professional. Donors living outside the United States should determine whether there is a tax treaty or other law that would allow them to deduct a donation to Wikimedia from their income.

Revision as of 18:48, 16 April 2005

< Fundraising

The Wikimedia Foundation Inc., a Florida not-for-profit corporation, is registered as a charitable organization with the State of Florida's Division of Consumer Services, a division of the State of Florida's Department of Agriculture and Consumer Services, and may lawfully solicit donations under Florida law. The Foundation has been granted official tax exempt status (501(c)(3)) from the United States Internal Revenue Service. Corporate status was granted in April 2005 and is retroactive back to the date of creation of the Foundation; June 20, 2003. You may deduct donations from your federally-taxable income. Please contact a tax professional for the details of deducting such a donation.

Donations from individuals who are not U.S. residents or nationals may not be tax-deductible — questions about such donations should be directed to a tax professional. Donors living outside the United States should determine whether there is a tax treaty or other law that would allow them to deduct a donation to Wikimedia from their income.