The Internal Revenue Service has recognized that, because of
the IPA's educational and scientific mission, it deserves the status
of a nonprofit organization. Therefore,
contributions made to the IPA, including membership fees, financial
contributions, or donated items for the Convention drawing are
from U.S. Federal income taxes, and not subject to any gift or
estate taxes. For example, a lifetime IPA membership for yourself,
a gift to someone else, is fully deductible from your taxable income.
While the IPA of course welcomes all contributions (any extra
funding would support a variety of possible development and outreach
activities), it will continue to benefit most from the crucial contributions
that are not deductible - the dedicated volunteer efforts of all
those who make our Annual Convention and Spring Retreat so deeply
rewarding and fulfilling.
The IRS accorded the IPA nonprofit status for a five-year advance
ruling period in a letter of December 2001. In a letter dated October
5, 2006, the IRS accorded the IPA permanent nonprofit status. Click
here to see the final ruling letter of the IRS.
Additional information regarding IPA's nonprofit application and
related communications with the IRS are available on request from
here to view the annual financial data that the IPA has provided
to the IRS.