[Steven_O]

Great insight. You've really stayed on the forefront of this news. I agree with your Crypto sentiment and very intrigued about the 5013c status.

Education is key. Financial literacy is key.

There's a lot of hustle in the streets - they just need someone to counsel them on making the best moves.

I know because I've been there.

Keep winning, Winning.

[Winning]

Man this reparations things is developing fast! Oakland CA is going to intertwine Guaranteed Minimum Income and Race in a program they are calling "Oakland Resilient Families" payments program.. What is interesting about this program is how they avoid mentioning anything about reparations, slavery, or jim crow polices etc... But at the same time they are saying this benefit program is only for low income black people... I feel Reparations was already a complex situation regardless if the black person is in poverty or not.. now combine that with a low income filter, makes this even more complex. Too many Chefs in the Kitchen! There are tons of various initiatives being started on the city level, county level, state level, etc..... I think Congress needs to issue a formal apology for slavery & Jim Crow, and then take the lead on this whole reparations things asap.

Mayor of Oakland, Libby Schaaf “The poverty we all witness today is not a personal failure, it is a systems failure,”. “Guaranteed income is one of the most promising tools for systems change, racial equity, and economic mobility we’ve seen in decades.”

Oakland Resilient Families payments program

• $500 per month.
• The monies are not considered taxable income.
• Must be a person of color, Black, or Indigenous.
• undocumented and/or unsheltered individuals also qualify.
• Oakland resident must have at least one child under the age of 18 and income needs to be below $59,000 for a family of three.
• An online multilingual screening form will be made available this spring and summer. Recipients will be chosen at random to receive the funds.

Great insight. You've really stayed on the forefront of this news. I agree with your Crypto sentiment and very intrigued about the 5013c status.

I am in Texas.. I created a non profit corporation the other day. It only took me about 30 minutes and it cost $25 dollars. https://www.sos.state.tx.us/corp/sosda/index.shtml ... I chose to be a Non Member nonprofit that is governed by a Board. So I had choose 2 additional board members (non family related)..

I then logged on to the IRS and got an EIN https://www.irs.gov/businesses/small...ber-ein-online.

After that I had to file for the Recognition of Exemption Under Section 501(c)(3) at https://www.pay.gov/public/form/start/62759871 .. By the way the exemption status request fee was $275.

Now it is just a waiting game for the 501(c)(3) exemption request to be approved... But as of right now i have officially formed my non profit company and it has been issued an EIN. Next week I am going to open a Bank Account and have my 1st board meeting with my Board members.

[Yankeeman07]

The Oakland , California violates so many existing Laws it's is not even close to being funny.

[Winning]

...I created a non profit corporation the other day. It only took me about 30 minutes and it cost $25 dollars. https://www.sos.state.tx.us/corp/sosda/index.shtml ... I chose to be a Non Member nonprofit that is governed by a Board. So I had choose 2 additional board members (non family related)..

I then logged on to the IRS and got an EIN https://www.irs.gov/businesses/small...ber-ein-online.

After that I had to file for the Recognition of Exemption Under Section 501(c)(3) at https://www.pay.gov/public/form/start/62759871 .. By the way the exemption status request fee was $275.

Now it is just a waiting game for the 501(c)(3) exemption request to be approved... But as of right now i have officially formed my non profit company and it has been issued an EIN..

UPDATE..

I got my 501c3 approval letter from the IRS! I officially have a nonprofit with Tax exempt classification.. The IRS has a huge backlog.. I submitted for tax exempt approval on in 03/2021, and didnt receive the IRS approval letter until 9/10/21.

[Winning]

Great insight. You've really stayed on the forefront of this news. I agree with your Crypto sentiment..

Just created a Coinbase acct and bought $300 of Crypto! Took like maybe 15 minutes to do.

$100 worth of Bitcoin, $100 worth of Ethereum, & $100 worth of Cardano!

BTW the cryptocurrency exchange Coinbase (the platform that I just used to purchase the crypto with) is going to IPO soon. So I am probably going to by some stock in Coinbase once they go public.