[44net] Re: 501(c)3 Questions

lleachii--- via 44net <44net(a)mailman.ampr.org> writes: Our executive director Rosy Schechter should be point of first contact for questions like these. However, she's traveling this week, and since these are all "easy" questions for me to answer, I'm choosing to type this reply so you don't have to wait until next week to hear from her. ARDC is now the form of 501(c)(3) called a Private Foundation, which is different from the public charity form you may be more familiar with. The big difference is that we disburse grants and gifts from an existing endowment, instead of actively soliciting donations to cover our cost of operations. A side-effect is that our federal filing switched to a 990PF, from the "normal 990" used by public charities. We are required to file annual tax information reports with both the IRS and the state of California. All of our filings are matters of public record and can be found through their respective public interfaces. To make the information easier to find, we directly publish our annual audited financial statements and associated IRS filings here: https://www.ardc.net/about/legal/ardc-finances/ There's a lot of detail in each 990PF, but to understand what the grant money is actually going to, you might also be interested in reviewing the list of awarded grants at: https://www.ardc.net/apply/grants/ Correct. The filing deadline for 990/990PF forms covering the previous calendar year is 15 May, and depending on the workload at the accounting firm that works on the annual audit required by the state of California, and what questions they have for us (or we have for them!) through that process, in past years we've often needed to request the instantly approved IRS 6-month extension of time to file. 73 - Bdale, KB0G ARDC President (and former Treasurer)