Leonardo Edward Shrestha Foundation is an approved 501(c)(3) charity
We have great news! Last week we received our official letter of approval from the Internal Revenue Service saying the Leonardo Edward Shrestha Foundation is an approved 501(c)(3) charity. This means we have been approved for tax exempt status for all contributions made since we started on November 6, 2019. We are so thankful to have this first important step behind us! Because of this approval, we now have also been approved for lower PayPal fees of 2.2% + $0.30 per transaction (down from 2.9% + $0.30). Our application for receiving donations on Facebook is still pending, but we hope to have that option available shortly as well.
🌿 You can confidently share our charity with family and friends who want to be involved with the important work Team Leo’s Kids is doing. Together we are able to make a big difference in the lives of these children and their families. We are honored to be on this journey with all of you!
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