Silicon Ally is a public charity, formally incorporated in September of 2021. Our application for 501(c)(3) status was granted by the IRS on February 10th, 2022.
The following is an excerpt from our 1023 application, describing our mission in formal terms. To learn about our mission in less technical terms, check out our blog post on the subject.
Silicon Ally (the “Organization") was incorporated on August 26, 2021 as a Colorado not-for-profit corporation. The purpose of the Organization is to operate a charitable tax-exempt organization that is dedicated to providing support to other charitable organizations to aide in the facilitation of the charitable missions of such organizations by performing: (1) various advisory, consulting and training services related to the review and optimization of existing information technology infrastructure, networks, data storage, operating systems and software applications and organizational goals and needs related to the foregoing; (2) various IT services related to the selection, implementation, optimization, upgrade, installation, configuration, operation and maintenance of existing and new IT infrastructure, networks, data storage, operating systems and software applications and ongoing advisory, consulting and training services related thereto; and (3) specified software engineering services related to the development of customized software solutions and applications for such charitable organizations. The Organization intends to perform such services on a discounted and/or subsidized basis as independent contractors to make such services affordable and cost-effective for such charitable organizations that might not otherwise have the financial resources to obtain such services from for profit IT services and software engineering companies. The Organization intends to initially focus on providing support to charitable organizations with missions dedicated to addressing: (a) climate change; (b) environmental conservation and preservation; and (c) economic and social inequality. The Organization will only conduct activities that are permissible for an organization maintaining tax-exempt status under §§ 501(c)(3) and 5010 ofthe Internal Revenue Code (the “Code”). The Organization plans to supports its mission financially and generate funds to pay its operating expenses by (1) accepting payment of discounted fees for the performance of services on behalf of other charitable organizations based on a sliding scale in accordance with the amounts such organizations can afford to pay for such services; and (2) engaging in traditional not-for-profit fundraising activities such as soliciting and collecting charitable donations from members of the public and applying for charitable grants and similar funds. All of the Organization’s operating expenses are related to the activities described in this section of the application.