February 2016 Newsletter

A fabulous February to you, Foundation followers!

I hope your 2016 is off to a good start. My research into payment processing led me to questions about nonprofit tax law that Google and my own reading of Internal Revenue Service documents couldn't answer, so I ran our strategic plan by a nonprofit tax lawyer.

The good news is that we can basically do what we want: find cool sex-positive projects to fund and then use crowdfunding techniques to raise money for them. Yay!

The less good news is that we need to overhaul our mission statement, strategic plan, and Terms of Service to be more IRS-friendly. We'll need to focus more on education and the arts -- and, fortunately, those are still pretty broad categories. My immediate plans are to work on this overhaul, run it by our Board of Directors, run it by the tax lawyer, and then I think we can finally move to incorporation.

Other updates and tidbits:

Thanks for taking the time to keep up with the Effing Foundation!

~Kit Stubbs, Ph.D.

You can follow the Effing Foundation for Sex-Positivity on Tumblr, Facebook, or Twitter. For more sex-positive goodness, check out my personal blog and Twitter (@vortacist).