The only benefit which the Company will derive from the Foundation will be in the nature of enhanced name recognition, a benefit which the Internal Revenue Service expressly permits. The Foundation does not control and is not controlled by the Company or any other organization. The Foundation gratefully receives gifts and grants from individuals, business firms, and other foundations to expand our activities.
All donations are tax deductible.
The Arhoolie Foundation grants funds to individuals and non-profit organizations. The Arhoolie Foundation invites correspondence. In our initial years, we shall operate with limited funds on modest projects.