Foundation Directors Plan First Initiative Seeking Donors

Foundation directors met with Federation officials to plan and coordinate the Foundation’s first outreach initiative seeking donors to support the Foundation during its startup phase. Although donations collected by the foundation will not be tax deductible for donors prior to it receiving 501c(3) status from the IRS (expected by Q4 2011), it is anticipated that some donors will still extend their generosity to the Foundation even without a tax deduction.