We Receive IRS Approval!

August 14, 2007 at 3:30 am Leave a comment

by Christopher Hytry Derrington
Board of Directors nonprofitSherpa.org

Today, our parent organization, nonprofitSherpa.org http://www.nonprofitsherpa.org received its 501(c)3 approval from the Internal Revenue Service.

Within nonprofitSherpa’s petition to the IRS, we clearly stated we were going to launch the world’s first online charitable mutual fund. That caused them to scratch their heads for a while as they had to work thru the various legal issues.

Numerous letters and thousands of dollars in legal fees later, we’ve accomplished another goal in the march to creating a new way for the general public to donate to their favorite charities.

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Entry filed under: Initial Stages. Tags: , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , .

And so it begins… Nearing Launch

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