Non-Profit Status

The IROCF reorganized in April 2003 as a 501(c)(3) organization, an IRS Nonprofit Educational and Charitable Organization. IROCF’s aims and objectives, which include the issuance of scholarships and the establishment of a suitable memorial to Rose O’Neill, fall within this classification.

Conversion to a 501(c)(3) organization permits donors to deduct contributions on their individual tax returns. For information on the federal tax law for organizations that receive tax-deductible charitable contributions and for taxpayers who make contributions, go to  http://www.irs.gov/pub/irs-pdf/p1771.pdf  or click here for IRS_publication.