Article Archives >> To the Point
We have recently formed a nonprofit in support of the arts. We have just submitted the application for 501(c)(3) status. At what point may we call ourselves "tax-exempt" for purposes of solicitation?
When you receive notification of your recognition of exemption. You can say your application for recognition of exemption is pending, but it would be a misrepresentation to say that you are now “tax-exempt.” If you filed within 27 months of the end of the month in which the organization was formed, and you receive your exempt status, it will be retroactive to the date of formation. But it would not be accurate to say you are exempt until you are exempt.
1/21/2010
What our readers say about Nonprofit Issues
Once again you've tackled a tricky question and explained it so we all can understand the issue.--M.V.
Thank you for your informative and keen advice on nonprofit matters. I believe it's a unique and concise place to get answers to this often wispy area called nonprofit. --R.T.
Have a question?
If you can't find your answer, submit a question and Don will pick one question a week to answer online and to include in our weekly e-mail notice.
Other ways to
find answers:
Talk to the Editor
Next Conference Call:
Tuesday, February 14, 2012
Participate
in this bi-monthly telephone seminar conference call and ask your questions directly to Editor
Don Kramer.
Access the entire site
($9.95/24 hours, $17.95/3 months).
Nonprofit Issues
Live
Full Day Program
A well-received full-day
program that covers the current hottest topics in nonprofit
law. Qualifies in Pennsylvania
for Continuing Education credits.
Speaking Engagements
Don is available for programs and speaking engagements ranging from
a one-hour presentation to a full-day primer on nonprofit law. Contact
us if you are interested in having him speak at your program.