A 501(c)(3) is a designation granted by the United States Internal Revenue Service that formally recognizes an organization as a tax-exempt nonprofit operating for charitable, educational, scientific, or other public benefit purposes. Organizations that hold this status are exempt from federal income tax, and — critically — donations made to them are tax-deductible for the donor. This designation is not merely an administrative formality; it is a public declaration that an organization exists to serve a mission rather than to generate private profit. It establishes a legal and ethical framework of accountability, transparency, and community trust that distinguishes mission-driven work from commercial enterprise.
Kozmos Clock and Calendar has submitted its application to the Internal Revenue Service to obtain 501(c)(3) nonprofit status, and that application is currently pending review. We fully expect to receive our determination in the near future. Once granted, all contributions made to Kozmos — including those made today — will be tax-deductible to the fullest extent permitted by law. We are committed to operating with the transparency and public accountability that nonprofit status demands, and we look forward to sharing that formal recognition with our growing community of supporters. In the meantime, your generosity and belief in this mission means everything, and every contribution directly advances the work of bringing the Kozmos system to the world.