We are thrilled to announce that the IRS has granted Simbi Community Development, a California Non-profit Corporation, full 501(c)(3) charity status, with any Supporter contributions made after January 8th, 2021 qualifying as tax-deductible donations!
Simbi has been a fully volunteer-led organization for well over a year, but having Simbi’s volunteer ethos officially recognized by the IRS with 501(c)(3) status is a huge step toward fully embodying Simbi’s community development mission through the concept of non-commercial “skill-banking.” This designation brings a number of benefits for Simbi’s future:
- As mentioned above, Simbi can now receive tax-deductible donations! This means that all Simbi Supporter subscription contributions are now tax-deductible donations as well!
- The ability to pursue grants and other altruistic funding sources only available to certified non-profits, to further invest in our mission
- Free and reduced-cost services to run Simbi’s infrastructure, reducing the cash required to keep the lights on for the community
- The ability to recruit talented volunteers as part of Simbi’s core team, without facing labor law or other ethical issues!
We are very excited for what the future may hold for the Simbi community, and we would LOVE your help sharing Simbi with the world!
Every time you use Simbi to meet a need you would not have been able to with dollars, volunteer for a worthy non-profit cause, invite a friend to join you, or make a connection of any kind, you help fulfill Simbi’s community development mission. If you have other ideas for how to help Simbi’s volunteer-led team expand to fulfill Simbi’s mission, or any other questions or comments, we’re all ears! Just reach out to [email protected] and we’ll be in touch!