STA approved as IRS charitable entity
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The Standardbred Transition Alliance (STA) has been approved as a charitable entity by the Internal Revenue Service (IRS), ensuring all donations to the group are deductible from federal taxes.
The STA is also registered as a charitable entity with the Secretary of State and Attorney General in Ohio, where it was incorporated.
“We are very pleased to have the designation process complete and look forward to the important work of accrediting and granting to groups that assist Standardbreds in transitioning to careers apart from their traditional use,” said STA president David Reid. “In the coming weeks, we will be introducing a website and more details about our work in the coming year.” (STA)