MPCUG Foundation receives OK from IRS

The final determination has been made by the IRS, and MPCUG Foundation has been granted tax exempt, non-profit status, making the Foundation a qualified 501c3 organization. This designation is a reference to the specific IRS tax code that defines such organizations. For tax purposes this means that money donated to the Foundation for its educational, and charitable activities is tax deductible for the the donor.

The creation of the Foundation helps the MPCUG expand its community outreach activities, and encourage direct contributions to these efforts from members of the group, members of the community, corporate and business sponsors. There is even a potential for funding through grants that the Foundation might apply for.

MPCUG, through the Community SIG, is active in bringing computer technologies to community agencies, schools, and other organizations. The Foundation will be an effective partner, with the SIG to expand the effectiveness of volunteer action and participation.

The MPCUG has for almost 5 years presented scholarships to qualified high school seniors in the Greater Madison area, as well as such outlying communities as Columbus, Oregon, Sun Prairie, and Lodi. This has been significant in the lives of many college bound students who knew that computer skills and careers were a part of their future. The Foundation plans to continue to provide these scholarships, and this represents an immediate need for funds.

Please support the MPCUG foundation with direct donations. These gifts are tax deductible but individuals should review the tax implications of their own gifts with an accountant or other tax professional.