Tax Exemptions & Donations
The Internal Revenue Service has confirmed that the Horror Writers Association (HWA) has tax exempt status under section 501 (c) (3) of the Internal Revenue Code, retroactive to 27 December 2011. They have also determined that contributions to the HWA are deductible under section 170 of the Code. We are also qualified to receive tax deductible bequests, devises, transfers or gifts under section 2055, 2106 or 2522 of the Code. Additionally, we are classified as a Public Charity under section 170 (b) (1) (A) (vi) of the Code.
Tax Exempt Status — IRS Determination Letter (PDF)
In practical terms this means that all donations to the HWA, to our Scholarship Fund and to our Hardship Fund are tax deductible to US taxpayers as charitable contributions. HWA will issue receipts for all donations, bequests, devises, transfers or gifts, indicating the tax deductible status of those monies.
Donations, bequests, devises, transfers or gifts may be sent by check made out to: The Horror Writers Association and posted to: 244 5th Ave., Suite 2767, New York, NY 10001 or sent via Paypal to email@example.com.
As a reminder the Hardship Fund provides loans to long term members, particularly those who have served the HWA or the genre, fall upon hard times; and also funds Dues waived according to our By Laws, which state “The Board may by unanimous vote waive the payment of dues of any Member for the sole reason of financial hardship and for a period to be determined from time to time by the Board.”
The Scholarship Fund is used to continue our tradition of sending selected members to writing courses.
Please also note that Membership Dues are generally deductible as a business expense. For US taxpayers who do not claim them as a Business Expense they may be claimed as a charitable donation under this determination.