It’s official! We received an official notice from the IRS granting GAATES Inc. tax exempt status and it’s now a 501(c)(3) charitable organization.
Due to potential conflict of interest policies, however (related to the employment status of several of our current and former Directors), we will not be moving forward with any plans to begin active operations until such time that any potential conflict is resolved and after a review by legal counsel.
As a result of the above issue, three of our Directors have resigned and asked for their names to be removed from our website. We have complied with their request.
(Originally published on GAATES-Inc.org)