For the past year, my biggest fear has been this burden and conviction that I feel God has placed upon my soul to engage the fight against extreme global poverty through the birth of a new organization.
I have been kicking myself for going public with the vision about a year ago. There’s been hiccups, setbacks, criticisms, and plenty of self doubt but after a year since sharing our vision and starting a group on Facebook, I’ll finally be sharing the name of our organization, current logo, and our vision and fundraising letter this Friday.
As usual, I’m both excited and scared and covet your prayers.
I came home yesterday having doubts if I was ready to share the vision but lo and behold, I received my confirmation in the mail. We finally received our 501(c)(3) issuance from the Internal Revenue Services:
We are pleased to inform you that upon review of your application for tax exempt status we have determined that you are exempt from Federal income tax under section 501(c)(3) of the Internal Revenue Code. Contributions to you are deductible…
Cool timing. [My wife’s response after learning we got the green light from the IRS: “Now, you can finally cut your hair!”]
I want to publicly thank our organization’s lawyer, Nat Taylor, from Ellis, Li & McKinstry. He is a fabulous non-profit lawyer and if you’re looking for someone to help with your organization, I highly recommend him. It’s a worthwhile financial investment – which I should have taken from the beginning.
In addition, our poverty Facebook group has now surpassed 700,000 people. Truthfully, I’ve never been so excited to be $700,000 in debt but if our vision catches on, we’re excited to be able to invest those funds and more in people and organizations who are doing some amazing work.
If you haven’t done so, subscribe to the blog RSS feed or check back on Friday to learn more about our vision and how we intend to do our part to fight extreme global poverty. Even if you don’t have any interest in making a donation to help make some initial investments in our organization, I’d love for you to read what we’re trying to do.
And now, the real hard labor begins…