Our Organization
National Pharaohs Society, Inc., also known as the Pharaohs Society, is a tax-exempt nonprofit corporation organized as a social club under Section 501(c)(7) of the Internal Revenue Code. As such, we must meet a number of requirements for tax-exempt status imposed by the Internal Revenue Service.
IRS EXEMPTION REQUIREMENTS
- The organization must be organized for exempt purposes.
- The organization must provide an opportunity for personal contact among members
- Membership must be limited.
- The organization must be supported by membership fees, dues, and assessments.
- The organization’s net earnings may not inure to the benefit of any person having a personal and private interest in its activities.
- The organization may receive only de minimis income from nontraditional sources.
- The organization's governing instrument may not contain a provision that provides for discrimination against any person on the basis of race, color, or religion.
Our programs, activities, events, and initiatives are primarily funded by Pharaohs Foundation, Inc., a tax-exempt nonprofit corporation organized as a charitable organization under Section 501(c)(3) of the Internal Revenue Code. Contributions to the foundation are used to fund the National Pharaohs Society, Inc. and other charitable causes that impact the communities in which we have chapters. All donations to Pharaohs Foundation, Inc. are tax-deductible to the fullest extent allowed by law.
Announcement
Hello Darkhorses:
Students at Clinton High School (North Carolina) may contact Alexis Coleman (Chapter Advisor) for information on how to become a member of National Pharaohs Society, Inc.