Our journey to 501(c)3

Our organization is slowly growing in numbers and activity. We are so excited to be taking off here in central San Diego, and the larger we get as a network, the more we ALL benefit. One way for us all to get the most benefit from the Time Bank, is for it to become a state and federally tax exempt 501(c)3 non profit organization. Basically what it would mean for us would be that the Time Bank would:

• Be exempt from federal taxes
• Be able to receive charitable contributions (that donators can deduct from their taxes as well)
• Get grants and support from large organizations to continue our work

We have contacted several lawyers about filing the necessary paperwork, and they have estimated that it will cost the Central San Diego Timebank approximately $3000. So we have set this as our fundraising goal for 2013. We believe with the help of our members, and several outside events (including our yard sale) that we can take this important step. Thank you in advance for your help!

Ways you can help:

• Spread the word about our Timebank 
• Spread the word about our fundraiser events (yard sale, recycling etc)
• Donate items on the wish list so that we don't have to spend money on acquiring them
• Make a monetary donation 
• Participate in a fundraising event (collecting recyclables, buying at yard sale, eating at fundraiser etc)

Follow our progress !