We did it! We are officially a 501(c)3!!!! We finally received the determination letter from the IRS that our nonprofit organization, Her Vaga Bound Roots Inc., has received 501(c)3 status, being tax-exempt by virtue of our charitable mission!What does this mean? An organization with a 501(c)(3) status starts out as a nonprofit corporation and then becomes a charity that is exempt from federal taxes. This status allows donors to write off their donations/contributions to the nonprofit/scholarship foundation.
We want to thank everyone for their continued support. You motivate us to keep striving and we truly appreciate you!
Stay tuned for more details as we will *SOON* began taking charitable donations. 100% of proceeds will go towards the VAGAS With Degrees Scholarship Foundation.
Wendoline Vargas, Founder/President
Jennifer Guzman, Secretary
Edwin Serrano, Treasurer