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Board authorizes up to $1,000 to get Perry Park Community Fund nonprofit filings and accounting current
Summary
Directors approved up to $1,000 for WSDM to complete nonprofit filings and accounting so donations can flow through a 501(c)(3); Rebecca Harris said the IRS requires an information letter but not a determination letter and that tax returns for 2023 and 2024 must be filed.
Director Jill Arthurs asked the Board to consider a Perry Park Community Fund administered through a 501(c)(3) to simplify donor tax reporting. Rebecca Harris of WSDM told the Board the IRS requires an information letter but not a determination letter in this case and confirmed the District needs to file tax returns for 2023 and 2024. Director Christian M. Warren moved to approve expenditure of up to $1,000 for WSDM to bring the nonprofit filings and accounting current; Director Arthurs seconded and the motion passed unanimously.
The Board’s motion authorizes WSDM to complete both the accounting and the tax filings necessary to operate the community fund through a 501(c)(3) vehicle; minutes record the amount as "up to $1,000.00." The approval is intended to allow donors to make tax‑reportable contributions more easily; WSDM will proceed with filings and provide the Board with confirmation once returns are filed.
