Exciting news! The Internal Revenue Service recently granted 501(c)(3) tax-exempt status to The Buddhist Home as a public charity.
This is an important step as it makes our non-profit mission official in the eyes of the authorities, plus it allows donors to take a tax deduction for charitable donations. (See the button to the right if you are interested in making a tax deductible donation.)
Among other things, the IRS requires that TBH be non-discriminatory and open to all, have an affordability component, avoid overpaying our future employees, and maintain a conflict-of-interest policy.
Obtaining tax exempt status took quite a bit of effort and we are pleased that the IRS granted our request based on our first submission. Many thanks go to attorney Tom Wells who greatly assisted this effort.
