As a result of the 2018 Govt Shutdown (that to be truthful began in mid-2017), then followed by COVID with no recovery in between may businesses and small business entities in particular have been trying to manage on fumes.
The Exempt small business is no different. Learning, be it at the academic level, training care of professional development or the combo from continuing education sees the same time and time again.
Our focus has been the same since it began as a pre-teens volunteerism — helping those no one will, helping those who are ignored or underserved but should not be.
Over the last 2 years deliberately, The Economic Empowerment Foundation for Exempt Startups & Small Businesses (EEF-501c)™ quietly transitioned its solo operated fiscal sponsorship & workforce training charity into a national economic development collaborative. The Stakeholders has been tax exempt startups, an IGNORED segment of the small business community, but we have expanded our efforts to include 501c entrepreneurs and young tax exempt small businesses, particularly those who are similarly stuck in startup mode or time warped in stagnate non-progression.
The Foundation is relentlessly building an empowerment infrastructure of organizations, programs and services to facilitate self sufficiency for tax exempt small businesses from idea stage forward. Its also why we changed our name so that our work and desired impact is ALWAYS understood.
The Academic Partnership Program is part of 501c Business Incubator Council, LLC’s Charitable Workforce Training Incubator (CWTI). All CWTI training and professional development efforts operate within the Fellowship Academy for Leadership & Business Continuity.
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The Economic Empowerment Foundation for Exempt Startups & Small Businesses (EEF-501c)™ received its letter of determination granting its tax exempt status under IRS Code 501(c)3 February 2015, donors will enjoy a 50% tax credit. Foundation was appended to its name in June 2017 to reflect its original IRS Sub Charter 509(a)2 designation as a Public Charitable Foundation, more recently the State of Maryland approved its name change to reflect its massive expansion into a collaborative of more than 25 New charitable organizations and programs.
EEF-501c™ as of now retains its tax-ID as the IRS has not ruled on retain or change relative to its new business name. The Foundation is the volunteer-turned-charitable operations of the 501c Business Incubator Council, LLC.™ Tax ID 99-3004881.
Tax ID 45-5222602 * NTEE S30, S43 * NAICS 926110, 541618, 541690, 611430, 541611 * SIC: 8748 * CAGE/NCAGE: 81PP3 * DUNS 080531844 * MD: D16166209