US Federal Income Tax Exemption
The Zambian Knowledge Bank is recognized as exempt from Federal Income tax under section 501(c)(3) of the Internal Revenue Code of the United States Government. The organization is currently conducting a fundraising campaign with a goal of $6,000.00 to complete the roofing of the Zambia Knowledge Bank Village Library at Nkhanga rural Center in the Lundazi District of the Eastern Province of rural Zambia.
Donors may deduct contributions to ZANOBA towards their taxes. Bequests, legacies, devises, transfers, or gifts to ZANOBA or for ZANOBA use are deductible for federal estate and gift tax purposes. The Zambia Knowledge Bank is registered with the Registrar of Societies of the Government of the Republic of Zambia.