IRS social welfare organization designation moves the Knights forward.
Knights of the Climate Covenant is officially a 501(c)4 nonprofit social welfare advocacy organization, according to the U.S. Department of the Treasury.
While it’s tempting to say, “So? Who cares?” this is a big moment for our little (but growing) climate-crisis-focused organization because we can now apply for grants and raise funds. Most grantors require an official designation from the IRS before they’ll entertain an application, and potential corporate sponsors and partners like to know exactly to what they’re contributing. And, of course, it means the Knights does not have to pay certain taxes.
“To be tax-exemptas a social welfare organization… an organization must not be organized for profitand must be operated exclusivelyto promote social welfare.”
Internal Revenue Service
Knights of the Climate Covenant is already registered as a nonprofit organization, but this is the next, and more substantial, step.
In short, it make it possible to continue building our community and effectively doing the right thing.
Speaking of which, we invite you to support the Knights community and our advocacy activities. As it says on our support page, we’ll use your contribution to increase climate-crisis activism, promote necessary actions by governments/elected officials, amplify the messaging of other climate-crisis focused movements and organizations and encourage participation in them, and help make sure Earth is livable when our kids and grandkids are the age we are now.
Donations are not tax deductible, but you’ll be promoting social welfare, a.k.a., doing the right thing. Please donate today!