{"id":920,"date":"2025-05-08T22:21:38","date_gmt":"2025-05-09T04:21:38","guid":{"rendered":"https:\/\/lightwardbound.org\/Main\/?page_id=920"},"modified":"2026-09-22T17:11:37","modified_gmt":"2026-09-22T23:11:37","slug":"legal","status":"publish","type":"page","link":"https:\/\/lightwardbound.org\/Main\/legal\/","title":{"rendered":"LWB Legal Status"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">Lightward Bound operated as a sole proprietorship, starting in December 2020. On 11 Sep 2026, the organization was incorporated and is now a Utah non-profit corporation.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">In 2027, we expect to apply for tax-exemption with the IRS and be approved as a public charity under 501(c)(3) of IRS code. IRS allows up to 27 months after incorporation to receive tax-exemption status, which then becomes retroactive to the date of incorporation.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Up until this point, I have provided almost all the funding to pay for the website, produce materials for events, and so on. <\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Over the past year, I&#8217;ve had some volunteer help and a couple of hundred dollars in donations. That has been good to see, but to fully carry out the organization&#8217;s mission, it will take many more people and much greater funding. As a public charity, working to support the well-being of our community, financial and volunteer support need to come from the community at large.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Please contact us if you believe in Lightward Bound&#8217;s <a href=\"\/Main\/about\/mission\">mission<\/a> and are willing to help build the organization. Thank you,<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Emil Therianos,<br>Founder and Chief Executive, Lightward Bound<br><a href=\"mailto:comments@lightwardbound.org\">E-mail: comments@lightwardbound.org<\/a><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">NOTE: Lightward Bound operates as a tax-exempt organization in anticipation of its future official approval as such. Donations will become retroactively tax-deductible at the time when IRS approves our 501(c)(3) status.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Lightward Bound operated as a sole proprietorship, starting in December 2020. On 11 Sep 2026, the organization was incorporated and is now a Utah non-profit corporation. In 2027, we expect to apply for tax-exemption with the IRS and be approved as a public charity under 501(c)(3) of IRS code. IRS allows up to 27 months [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"footnotes":""},"class_list":["post-920","page","type-page","status-publish","hentry"],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/lightwardbound.org\/Main\/wp-json\/wp\/v2\/pages\/920","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/lightwardbound.org\/Main\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/lightwardbound.org\/Main\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/lightwardbound.org\/Main\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/lightwardbound.org\/Main\/wp-json\/wp\/v2\/comments?post=920"}],"version-history":[{"count":10,"href":"https:\/\/lightwardbound.org\/Main\/wp-json\/wp\/v2\/pages\/920\/revisions"}],"predecessor-version":[{"id":1208,"href":"https:\/\/lightwardbound.org\/Main\/wp-json\/wp\/v2\/pages\/920\/revisions\/1208"}],"wp:attachment":[{"href":"https:\/\/lightwardbound.org\/Main\/wp-json\/wp\/v2\/media?parent=920"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}