IRS Grants Public Charity Status!
Effective February 8th, 2016, the IRS has confirmed the AI for Good Foundation’s status as a Public Charity exempt from taxes under the 501(c)3 statute. This is an important validation of the mission of our organization, and importantly, allows us to receive funds as charitable donations that may be tax deductible (depending on the tax circumstances of the giving entity, please always consult a tax professional!).
Both our original filings with the IRS (which provides a thorough overview of why we exist and the programs we maintain as a Public Charity), and the confirmation letter can be found under the “Transparency” section of our website. Our aim is to be fully transparent, so if you notice anything off, please let us know!
Now is a great time to get involved with the AI for Good Foundation! Please consider membership, contribute your ideas for projects and events, and reach out to us with your feedback.