We are pleased to state that IT-BHU Global Alumni Association has received the approval from Internal Revenue Service of US govt. granting us tax-exemption status. Our organization, IT-BHU Alumni Association (with registered office at 120 Briarwood Drive, North Brunswick, NJ 08902, USA) is considered as Public Charity Organization.
The Tax exemption status is effective from March 26, 2008. All contributions to our organization since that date are exempted from Federal Income Tax under section 501 (c) 3 of Internal Revenue Code. The letter dated March 24, 2009 from IRS is shown below.
The tax-exemption status will be a big boost to our alumni association as the donors from USA shall be able to claim tax-deduction for the amount they donated to our organization for charitable projects. The tax-deduction shall be applicable to charitable work for the benefits of our institute. Students, faculty and alumni. It will not be allowed for political rallies, alumni meets, lobbying or other such non-charity type expenses.
For more details, please contact:
Treasurer Manu Goyal (Mechanical 1993): email@example.com
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Institute of Technology, Banaras Hindu University
Varanasi 221005, UP