Big Sandy Rotary Receives 501(c)3 status from the Internal Revenue Service
September 5, 2018
After years of paperwork, meetings with accountants, and reviewing the bylaws of the organization, the Big Sandy Rotary Club recently received official notice from the IRS that they have been awarded a 501(c)3 exemption status.
There are several advantages to the Big Sandy Rotary achieving 501(c)3 status. The biggest advantage is for donors to be able to make tax-deductible contributions. Having the 501(c)3 status also opens the doors to more grant opportunities as many public and federal grants are only available to IRS-recognized 501(c)3 organizations. We will also be eligible for d...