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Adopt Abroad Inc.,
effective retroactively
to June 9, 2003, has been
determined on December 22, 2005
to be exempt from Federal Income
tax under section 501 (c) (3) of
the Internal Revenue Code by the
United States' Internal Revenue
Service (IRS). Thus,
any contributions are
tax-deductible under section 170
of the Code.
Adopt Abroad Inc.
is therefore
qualified to receive
tax-deductible bequests,
devices, transfers or gifts
under section 2055, 2106 or 2522
of the Code.
Organizations
exempt under section 501 (c)
(3) of the Code are further
classified as either public
charities or private
foundations. During the advanced
ruling period, which ends on
December 31, 2007,
Adopt Abroad Inc.
will be treated by
the IRS as a public
charity.
You may
obtain further information
regarding the legalities of this
status by visiting the IRS
website:
http://apps.irs.gov/charities/charitable/
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