IRS Documents

Discovered Money has been granted tax exempt status under section 501(c)(3) of the United States Internal Revenue Code (IRC) with tax exemption ID #17053203305019.

Accordingly, contributions made to Discovered Money are tax deductible under section 170 of the IRC. ¹(see note below).

Discovered Money is also qualified to receive tax deductible bequests, devises, transfers or gifts under sections 2055, 2106 or 2522 of the IRC.

More information about our organization is available at GuideStar.

Finally, Discovered Money is considered a Public Charity. Discovered Money’s Public Charity status is: 170 (b) (1) (A) (vi).

Here are some documents you may wish to review:

• Our IRS Determination Letter
• California State Tax-Exempt Letter
• California Department of Justice Charity

Please Note:

¹ An individual’s ability to deduct contributions may be subject to certain other limitations. Generally, gifts toPublic Charities like Discovered Money are deductible up to 50% of the donor’s contribution base, while gifts toPrivate Foundations are deductible only up to 30% of the donor’s contribution base. Please contact an attorney or tax advisor to determine your own tax situation.