By Khalid Hashmani
January 22, 2011 – The directors of the Saharo Foundation, USA held an open meeting today in Washington D. C. to announce that their organization had secured the securing of 501(C)(3) designation from the U.S. government. The directors included Mr. Ali Nawaz Memon, Mr Hanif Sangi, Mr. Husnain Shaikh, Mr. Zhid Shaikh, and Mr. Sirhandi, The meeting was held at a local restaurant and was attended by several members of local Sindhi community.
The organizations having section 501(c)(3) exemptions are referred to as charitable organizations and are eligible to receive US tax-deductible contributions from US taxpayers. Such organizations commit to direct all funds they collect for charitable causes and are not permitted to be used for the benefit of private interests and no part of their net earnings can be spent for the benefit of any private shareholder or individual.