Greater Green Bay Community Foundation urges local non-profits to check tax exempt status

Green Bay, Wis. -- With the institution of new federal guidelines, the exempt status of an organization that does not file a required annual IRS return or notice for three consecutive years will now be revoked automatically.

Every non-profit now has a required filing no matter the organization’s total gross receipts.  Beginning May 15, foundations will need to reconfirm the charitable status of organizations seeking funding.   This means that if a non-profit organization’s charitable status cannot be confirmed, the organization may be in jeopardy of losing grant funding.

For more information:
• Visit the IRS website for more on automatic revocation, http://www.irs.gov/charities/article/0,,id=217087,00.html
• Check your organization’s status at the National Center for Charitable Statistics at the Urban Institute, http://nccsdataweb.urban.org/PubApps/statePicker.php?prog=epostcard&display=state.
• Contact Martha Ahrendt, vice president for programs at the Greater Green Bay Community Foundation: martha@ggbcf.org.

About the Greater Green Bay Community Foundation
Established in 1991, the Greater Green Bay Community Foundation is a non-profit charitable organization that manages various funds and distributes grants supporting many of the humanitarian, educational and cultural organizations and programs in northeastern Wisconsin.  The Community Foundation’s mission is to inspire and encourage charitable giving in northeastern Wisconsin by connecting people who care with solutions that strengthen our community. For more information visit: www.ggbcf.org. Follow us on Twitter: www.twitter.com/ggbcfoundation.