Ending A Hopeless Year on A Hopeful Note

January 7, 2021 | Grant Cardone

 At the end 2020, I was able to raise over $576,000 for The Grant Cardone Foundation with the help of my millions of social media followers to help close out a very difficult year on a positive note.

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Class of 2020 Receives A Special Graduation

April 30, 2020 | Grant Cardone

Last year I made a donation through the Grant Cardone Foundation to help create a special ceremony for local graduating South Florida seniors during the current COVID-19 shutdown, which prevented traditional graduation ceremonies in schools across the country.

Helping our Hero’s

April 16, 2020 | Grant Cardone

When I heard that the City of Aventura was collecting funds to support our local first responders, I immediately contacted the city commissioners and the mayor to find out how I could help.

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“Dear Applicant:

We’re pleased to tell you we determined you’re exempt from federal income tax under Internal Revenue Code (IRC) Section 501 (c) (3). Donors can deduct contributions they make to you under IRC Section 170. You’re also qualified to receive tax deductible bequests, devises, transfers or gifts under Section 2055, 2106, or 2522. This letter could help resolve questions on your exempt status. Please keep it for your records.

Organizations exempt under IRC Section 501(c) (3) are further classified as either public charities or private foundations. We determined you’re a public charity under the IRC Section listed at the top of this letter.

If we indicated at the top of this letter that you’re required to file Form 990/990-EZ/900-N, our records show you’re required to file an annual information return

For important information about your responsibilities as a tax-exempt organization, go to www.irs.gov/charities. Enter “4221-PC” in the search bar to view Publication 4221-PC, Compliance Guide for 501(c) (3) Public Charities, which describes your recordkeeping, reporting, and disclosure requirements.”

Sincerely,

Director, Exempt Organizations Rulings and Agreements