So, this is reposted from the Ronin Blog:
Greetings to all from the Ronin Institute. We’ve got some good news here. The IRS has officially approved our application for tax-exempt status as a publicly funded 501c3 nonprofit organization!
What does that mean? Well, most importantly, it means that you can now donate to the Ronin Institute to support independent scholarship, and your donation should be tax deductible. Or, as they say on nonprofit websites, “tax deductible to the full extent allowed by law,” which is sort of a funny thing to say. I mean, if you gave a donation to me, personally, it would be “tax deductible to the full extent allowed by law.” It’s just that, in the case of giving money to me, the full extent allowed by law would be zero.
Here, though, your donation is tax deductible in the same way that that donations to the United Way or the Red Cross are. That is, donations to the Ronin Institute should be unambiguously tax deductible, but if there is any question in your mind about your particular circumstances, you should consult with a tax attorney.
So, if you (or your foundation, or your employer) are looking for some things to donate to before the end of the year, here we are! If you believe in reinventing academia, here we are! If you want to help to support some really high quality independent scholarship, here we are! Now hop on over to the Donation page!
If you have questions about the Institute, or would like to direct your donation towards a specific program or project, contact us at email@example.com.
To the future!