PTO HAS RECEIVED TAX EXEMPT STATUS FROM THE IRS!!!
Great News! After an exhausting, lengthy process, Rachel Gross has successfully submitted our bid for tax exempt status with the IRS on the FIRST try! This is huge for PTO because it means that we no longer have to pay tax on things we purchase for our events, for the school, etc. It also means that money donated to PTO or to Drummond School through PTO is TAX DEDUCTIBLE!
As stated in PTO Bylaws: ”Money that is given to the PTO with the donor’s expressed intention that such donation be a direct donation to the School (and not as a past of a PTO fundraiser or donation to the PTO) shall be turned over to the School within twenty one (21) days.
Thank you, Rachel, for your tireless efforts on behalf of PTO! This really is a huge step for our organization.
