Yesterday, we learned that The Generation Project's 501(c)(3) federal nonprofit status has been confirmed by the IRS! We've been anxiously awaiting this news since September 2008, and it is huge news for us on at least two fronts. First, federal recognition of our non-profit status means that all donations to The Generation Project are now officially tax exempt. So, if you've been holding out on us until the IRS had its say (you sandbagger 
), you can now donate or pledge a gift.
Second, receipt of our 501(c)(3) status means that we are now free to pursue lots and lots of funding for which we were previously ineligible. Which means that foundation scrilla 'bout to be RAINING on The Generation Project!1 Stay tuned for more exciting news, but until then, here is a video of Big Bird dancing the hula with Snufolufagous.2
1. Actually, it is a lot more difficult to secure foundation funding than all that, and we will be working hard over the next few months to secure support from generous partners. If you are a potential funder and are reading this, no disrespect. We're just in a celebratory mood. We promise we are a staid, professional organization dedicated to expanding educational opportunities for high-need K-12 students. We would never use terms like "foundation scrilla" anywhere in a professional setting. If you need further proof as to our good intentions, check with the IRS. They have granted us 501(c)(3) status. Booyakasha semi-circular reasoning!
2.This may or may not be the proper spelling of Big Bird's imaginary friend. Given that he is imaginary, we think that the spelling of his name is more or less a personal construct anyway. Hopefully you know who we are talking about; if not, you should watch the video. Snufolufagous is the gigantic muppet who is...well, not a big bird.