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[Humans of Planet Earth Foundation] is a [Delaware nonstock corporation] in the process of applying for exemption from federal income tax under Section 501(c)(3) of the Internal Revenue Code. While an application is pending before the IRS, [Humans of Planet Earth Foundation] is permitted to treat itself as exempt from federal income tax under Section 501(c)(3) of the Internal Revenue Code. If [Humans of Planet Earth Foundation] ultimately qualifies for exemption under the Internal Revenue Code, then charitable contributions made by a donor to [Humans of Planet Earth Foundation] during this period are generally eligible, to the extent permitted under applicable law, to be treated as charitable contributions deductible to the donor. However,
there is no assurance that [Humans of Planet Earth Foundation] will qualify as an organization exempt from tax under Section 501(c)(3) of the Internal Revenue Code and, if [Humans of Planet Earth Foundation] does not qualify for exemption from federal income tax under the Internal Revenue Code, then any contributions made by a donor to [Humans of Planet Earth Foundation] during this period would not be eligible to be treated as charitable contributions deductible to the donor. No goods or services were provided in exchange for this gift. Please consult your individual tax advisor for additional details.