On March 22, 2006 the IRS issued a letter stating that a final determination of foundation status under section 509 (a) was made in favor of The Sierra Fund. This confirms that the Public Support requirements through the 5 year IRS “Advance Ruling Period” has qualified The Sierra Fund as a tax exempt public charity organization under the Public Charity Status code section: 170 (b) (1) (A) (vi).
This good news means that in addition to meeting the test of being a non-profit tax-exempt status organization, a significant percentage of The Sierra Fund's income comes from “public” sources. To learn more about The Sierra Fund's mission, financial statements and activities, read the Organizational Report 2001 – 2005 on this website.
