The Bike IM Foundation was formed on December 12, 2013, as a Nebraska nonprofit corporation and filed for status as an exempt IRS 501(c ) (3) organization on March 13, 2014. At this time our 501c3 application is still in processing with the IRS. It is our intent to attain tax exempt status so that your donations may be tax deductible. We are, however, per our legal and tax counsel, able to accept donations at this time in anticipation of the likely acceptance of our IRS tax exempt classification.
Yes you may. Contributions of this nature are acceptable and recognized by the IRS. Per the IRS Publication 561, there is a methodology to determining the value of this type of contribution and the necessary information to be collected to facilitate this type of donation. For more information regarding this type of donation, please contact our office to discuss this further. We can be reached at 402-540-1325
Here at Bike Safe IM Foundation, we pride ourselves on utilizing funds to the maximum benefit. At this time we do not pay staffers and only have minimal expenses relating to marketing. We do not have any overhead as our office expenses are covered by the Director of the Foundation. At this time, 100% of expenses have been out of pocket by staff and board members. In the long-term, we hope to maintain a utilization rate of 75% of donations directly to our cause of education and victim assistance.
Yes, you do. We will send u a receipt from the contact information listed on the Donation Information Form you fill out and send with your check
I would like to see my donation spent a certain way. Can I specify instructions as to its use?
Yes, of course. You may acknowledge these special instructions in the ‘Special Instructions’ section of the Donation Information Form you fill out and send with your check.
Click here for the form: Donation Information Form