Can groups utilize the non-profit status of Post Carbon Institute for applying for funding?
As a group you can only issue tax receipts if you are a registered charity with 501(c)3 status or if you have another organization with 501(c)3 status act as your fiscal sponsor and receive donations on your behalf. We realize that applying for non-profit status is a difficult and expensive venture. We are currently exploring options for acting as fiscal sponsors for groups. If you are interested, please contact us. for more information. If you are not a registered charity you are considered like a small business and would be expected to pay taxes like any other non-charitable organization. However, please review the specific tax regulations for your area to make sure you are in compliance with all applicable regulations, as we are not qualified to give you legal advice. If you are based in the United States, you can view some of this information on the IRS website at www.irs.gov.
