What are the eligibility requirements in terms of tax exempt status?
The Monsanto Fund is a private foundation whose giving is governed by the U.S. Internal Revenue Service (IRS). All applicants for grants must qualify as tax exempt public charities or its equivalent and provide proof of tax-exempt status as outlined by IRS rules. In the U.S., a 501 (C) 3 document is sufficient to meet this requirement. Outside the U.S. there is no such document, so Monsanto Fund must obtain sufficient documentation from the organization to establish equivalency.
