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Tax Info [501(c)(3)], Trusts

Leave a Legacy

The AIDS Taskforce of Greater Cleveland is a 501c3 organization. The IRS grants this coveted status upon organizations who meet specific legal requirements and operate under strict conditions with the goal of providing a public benefit. The 501(c)3 status makes the AIDS Taskforce exempt from paying federal taxes and allows any donations to be a tax deduction for the donor! This status is also a requirement by all foundations and government agencies when applying for grants.

So, consider an endowment or trust fund to help the AIDs Taskforce of Greater Cleveland remain a viable organization. Your accountant can arrange this and provide all the details. Thanks in advance for considering this option.

Coins.