First Church of Cannabis Gets 501(c)(3) Tax Exemption from IRS

by | Jun 6, 2015 | Charitable Organizations, Charity News, IRS News | 0 comments

USA Today:  “Emotions appeared to be sky high at the newly formed First Church of Cannabis after the Internal Revenue Service granted it nonprofit status.  The designation means donors can deduct gifts to the church on their federal tax returns if they itemize and the church is eligible for a property-tax exemption in Indiana. The organization has raised $10,905 in a gofundme.com solicitation but has not found a home yet.  “What a GLORIOUS DAY it is folks,” the founder and grand poohbah, Bill Levin, wrote May 26 in a Facebook post announcing the church’s IRS approval as 501 (c) (3) charitable organization.

Written By Richard Keyt

About the Author

Richard Keyt, JD, is a seasoned attorney with over 30 years of experience in nonprofit law. As a founding partner of KEYTLaw, LLC, Richard is passionate about helping individuals and organizations establish successful nonprofit entities in Arizona. His expertise and commitment to client success have made him a trusted advisor in the field.

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