ZOA regains tax-exempt status

WASHINGTON – The Internal Revenue Service reinstated the tax-exempt status of the Zionist Organization of America in a decision announced May 15. A year ago the IRS rescinded the tax-exempt status because ZOA had not filed a tax return for three consecutive years.
“The work of the ZOA has never been altered or diminished one iota during this period,” ZOA President Morton Klein said in a statement Monday.
Klein told JTA last year that the failures to file were due to confusion over the status of a school in Israel run under ZOA auspices, and because of erroneous advice from a tax accountant.
Donations to ZOA have remained deductible in the meantime, as they were directed through a third party donor advised fund.
In the same announcement, ZOA said its annual dinner, to be held in November, will honor casino magnate and philanthropist Sheldon Adelson.
Subscribe for our daily newsletter
Subscribe for our daily newsletter

By subscribing I accept the terms of use and privacy policy