It’s official! On September 19th, 2006 the Habele Outer Island Education Fund received notification from the IRS that it has been granted exemption from Federal income tax under section 501 (c) (3) of the Internal Revenue Code.
For more information on what this means we suggest you look at
this wikipedia article, as well as this IRS page.
Simply put, we are now fully “charitable” (as of September 13, 2006 – the processing date) and all donations are deductible, including gifts back to May 4, 2006 (our initial date of incorporation).
Habele would like to extend its gratitude to the numerous legal, policy, and tax experts who selflessly donated their time and talent to help us reach this point. We look forward to continuing our efforts, now as a full 501c3, and working towards expanding educational opportunities for Outer Island children in the impoverished former colony of Micronesia.