Selling items does not risk an organization's tax-exempt status if the revenue generated is used to promote the organization's exempt function and the applicable taxes are paid on any unrelated business income. A major benefit to being a nonprofit is the exemption from federal and state income taxes. However, certain activities, considered unrelated to the organization's core mission, are subject to taxes. This tax is called Unrelated Business Income Tax (UBIT). In order to be subject to UBIT, the profit-making activity must: * be regularly carried on; * constitute a generally recognized trade or business; and * not be an activity that is substantially related to the organization's tax-exempt status, meaning the activity does not further the mission of the organization. We believe that selling clotheslines and products associated with line drying and cold-water washing are central to our exempt purpose, but we will be carefully monitoring our activity with the help of lawyers and accountants experienced in this area. The books, artwork, and merchandise are clearly not taxable items. If you have questions about this, we encourage you to be in touch with us at firstname.lastname@example.org. Source: http://www.boardsource.org/Knowledge.asp?ID=3.114
Our approach—"a positive approach to change"—does not point fingers or create unnecessary distinctions. Project Laundry List empowers by giving people something important that they can do during their daily routine... and we make it fun! While we understand the importance of far-reaching, climate-related legislation, our goal is to change the hearts and minds of the people at large, not the politicians in Washington or your state capital.
To search the new Project Laundry List website, simply type your search keyword(s) into the search bar found at the top of each page and hit the "enter" button on your keyboard.
Yes! 100% of your gift is tax deductible in the United States. As soon as we process your check or online gift, we will send you a receipt in the mail. We are a Vermont nonprofit corporation registered as a 501(c)(3) with the IRS. For any contribution of $75 or more, the I.R.S. requires that we notify the donor that no material benefit was received as a result of this gift. This letter will serve as written acknowledgement of your gift. Please keep it with your tax records to substantiate your charitable contribution. Special Note: Anything you buy at the Project Laundry List Store, the Real Green Goods or CafePress store is not tax-deductible.
Any information that we have about activities planned for April 19th can be found on our National Hanging Out Day page or on our calendar. National Hanging Out Day is a time for celebration. If the date does not work for you, plan a Community Wash Day, like the folks from Syracuse, NY, did in June 2008. The idea is to hang your clothes and messages on sheets or T-shirts on obvious clotheslines so that all may see and discuss your statement. Of course, it is an excuse to "hang out" with your neighbors, as well.