Your generous donation will cover startup expenses to help us open the doors to our bright beautiful store!
As part of our Community Investment Campaign, we need to raise $3.1M from our community to open and operate our store. To reach our goal, we will need some to donate $20,000, $50,000, $100,000 or more. However, many hands make light work and every dollar gets us one step closer to offering local foods in a convenient one-stop shop.
Tax-Deductible Donations: 3 Options
You can make a tax-deductible donation to Prairie Food Co-op through our fiscal sponsor, Cooperative Development Fund of CDS (Cooperative Development Services).
Contact us if you are interested in making a tax-deductible donation of publicly traded stock.
Tax-deductible donations to Prairie Food Co-op can be made through our fiscal sponsor, Cooperative Development Fund of CDS. The Fund meets the requirements for a charitable and educational institution as described in Chapter 501(c)3 of the federal tax code and demonstrates compliance by filing annual financial statements (Form 990) with the IRS. The Tax ID of the Cooperative Development Fund of CDS is 39-1540529.
We will forward your check to the Fund. Please make your check out to "Cooperative Development Fund of CDS" and do not use other organizational names such as "CDS" or "Cooperative Development Services."
Donations are not the same as ownership. No item of value (e.g. ownership share, voting rights, owner discount, etc.) will be provided to donors of charitable gifts.
Donations of $200 and above will be recognized in writing by the Cooperative Development Fund. The Fund will send a written letter of acknowledgment; donors will need such letters for their records should they seek to deduct their gift on their tax returns. Donors of less than $200 have other options for supporting their claim of deductibility (typically their cancelled check) and will not receive a letter of acknowledgment.
Donations are immediately deposited and cannot be returned. Donations made to our fiscal agent on our behalf cannot be returned once made. If the board determines the project is no longer feasible, our fiscal agent will use the donated funds to support the wise use of cooperative approaches through education and development.
Use of funds. The mission of the Cooperative Development Fund is to support the wise use of cooperative approaches through education and development. Donations will be used to facilitate the development of our cooperative. Permitted uses include professional fees, supplies, inventory, employee payroll and benefits, building renovations and furnishings, etc., related to project development.
Direct Donation (not tax-deductible)
Direct donations to Prairie Food Co-op are NOT tax deductible.
You can mail direct payment to Prairie Food Co-op at PO Box 83, Lombard, IL 60148
Questions: Please email us at [email protected].