Form 5768 Vancouver Washington 2016-2025

Form 5768 Vancouver Washington: What You Should Know

WAS (The WAS Foundation) is a private foundation which is registered with the Internal Revenue Service (IRS) as a 501(c)3 Charitable Organization. Form 5768 (Rev. September 2016) filed by WAS Foundation for the purpose of electing to be a nonprofit organization subject to sections 501(c)(3) of the  U.S. Internal Revenue Code (“IRS”) and Code section 1001 of the Internal Revenue Act of 1962. WAS Sis a 501(c)(3) public charity described in section 501(c)(3) of the US Internal Taxation Code (“Internal Tax Code”) and Code section 1001 of the Internal Revenue Act of 1962. All donations and gifts, gifts of services and benefits and income from private contractors received by WAS Sat the time they were made are deemed to have been received and shall be included in the organization's total assets and income.  When an organization establishes itself as a charity, it is expected to continue to exist, and continue to operate at the same location it has operated as a charity since inception. If an established charity fails to do this, or has failed to comply with the terms of a tax exemption, it may be considered an unlawful organization, which may be subject to loss and damage liability against its donors and beneficiaries who gave, or attempted to Give, to the organization. WAS Foundation has established the following policy for its donors, trustees, and beneficiaries in order to ensure that the policies of our organization are followed to the letter. 1. This means that if a donor or beneficiary chooses to give to us but does not send receipts, it is not our policy to report the amount to the donor. When our organization receives a donation or a gift from a donor, trustee or beneficiary, our policy is to report (i) all payments from that donor to our organization and (ii) to the donor the amount and purpose of those payments. 2. Our policy is to report payments from donors, trustees or beneficiaries to us that cannot be accounted for, without exception, as part of our regular revenue. 3.

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