Today I received a letter from the IRS granting RevGalBlogPals Inc. tax exempt status under section 501-c-3 of the Internal Revenue Code. This means RGBP Inc. is now qualified to receive tax deductible bequests, devises, transfers or gifts. The ruling is retroactive to the date of the incorporation of RGBP which is July 17, 2006.
Now that we have tax-exempt status RGBP Inc will be eligible to apply for and receive grants from foundations as well.
The RGBP Inc board will meet electronically Monday, November 20 to elect officers and begin plans for the organization. The minutes of the meeting will be posted on Tuesday morning on the RGBP blog. If you have questions, please leave them in the comments and we will respond to you.