DDEV Foundation Achieves Official Nonprofit Status

Staff Reporter

Uncle Sam, the quintessential symbol of the United States, proudly presenting a scroll to a representative of the DDEV Foundation. — Ideogram.ai

Randy Fay's latest blog post on DDEV announces the DDEV Foundation's acquisition of official US Nonprofit (501(c)(3)) status, marking a significant milestone for the organization. This new status enables DDEV to receive grants and other benefits exclusive to nonprofits, potentially boosting its mission toward sustainability.

Additionally, the change may allow US individuals and companies to claim tax deductions for donations made directly to the foundation, although specifics can vary based on individual situations. Fay expresses gratitude towards supporters and outlines ways to contribute to DDEV's long-term financial objectives, emphasizing the importance of direct donations for tax deduction eligibility.

Source Reference

Title

DDEV Foundation gets US nonprofit status (501(c)(3))

Byline

Randy Fay

Date of Publication

31 March 2024

Organization

DDEV

Nonprofit

DDEV

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