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Greensboro Branch achieves 501c3 status

ANNOUNCEMENT from Branch President Libby Haile: The Greensboro Branch is proud to announce its new 501c3 status which was granted by the IRS in a Letter of Determination dated August 15, 2016. Several months ago, our Board launched the process of state incorporation, updated by-laws, election of officers, and IRS filing for tax exemption. We received invaluable support and guidance from Millie Hoffler-Foushee as well as the legal and financial resources at AAUW National. We expect to be able to expand our local programs in support of economic and educational equity for women and girls. For 2017, the Branch will be the fiscal agent for its March 25 Triad Tech Savvy relieving National of that responsibility. Our donors and sponsors will gain tax deductible benefits for their donations. In order to build on this fantastic opportunity, the Board is also developing a multi-year strategic plan with the help of UNCG non-profit management professor Tony LeTrent-Jones. The Branch Board is particularly indebted to Treasurer Stephanie Ghotbi-Taheri for her diligent efforts in preparing and filing the necessary documents to achieve this milestone.

 

New Member Garden Party

Outgoing Branch President Cherrie Wheaton invites you to her home on Sunday June 5, 4 PM to 6 PM, to meet other new members, officers, and Committee chairs. A great time to introduce yourself and your talents to the group.

Annual Meeting News – plans for 501c3 application move forward

Greensboro Branch’s Annual Business Meeting was held on Tuesday evening October 8.  We are excited to announce the election of Peggy Knox as Vice President/Program Chair for 2016-17. Peggy is a very active member and is currently service as chairperson of the Branch Spring Luncheon on April 23.

 President Cherrie Wheaton and former AAUW Treasurer and Branch member, Millie Houffler-Foushee, answered questions about the pros and cons of this change.  The basic advantage of a 501c3 is that all donations to the Branch would be tax deductible.  This is very important as our programs expand and more funds are needed to sustain them. The members appreciated the benefits of the change, giving the “go ahead” to the Ad Hoc Finance Committee ( Libby Haile, Jane Terwillegar, Stephanie Taheri, Lena Murrill-Chapman and Cherrie Wheaton) to proceed with the paperwork and advice necessary to complete the process. This vote of confidence, and the support of AAUW National legal support, means that the Greensboro Branch will re-invent itself as a nonprofit incorporated in North Carolina with IRS 501c3 status.