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OWE Now Tax Exempt
Monday, May 1, 2017
Today, Friends of the Old West End received notification from the Internal Revenue Service that it has been granted tax exempt status. This status is retroactive to the date of incorporation -- April 5, 2017.
Achieving this milestone is important for many reasons including that dues payments and donations to the organization are tax deductions for the member or donor. In addition, this status allows Friends of the Old West End to seek grant funding from other nonprofits such as the Danville Regional Foundation.