The ISB Network Foundation, Inc. is a not-for-profit, 501(c)(3) corporation. The Foundation was incorporated in the Commonwealth of Virginia, and was granted tax-exempt, public charity status by the IRS, on March 25, 2003. Accordingly, donations to the ISB Network Foundation are tax-deductible in the United States of America; however, we strongly encourage you to consult with your tax advisor as individual circumstances may impact the tax-deductibility of your contribution.
The official tax-exempt purpose of the ISB Network Foundation is to “promote and encourage philanthropy and cultural exchange between the United States of America and the Kingdom of Thailand.”
The primary activities of the ISB Network Foundation that support its charitable mission are the annual ISB Network Alumni Achievement Awards and partnering together with ISB to support the ISB Tsunami Relief Network.
The ISB Network Alumni Achievement Awards consist of two scholarships of $1,500 awarded each year to deserving ISB students of Thai ancestry who are chosen by a committee of ISB Faculty. Award recipients donate the scholarship proceeds to their choice among several ISB-approved Thai charities.
Together with the ISB Network, the ISB Network Foundation also serves as the U.S.-based arm of the ISB Alumni Association, maintaining a website, database and archive, and organizing a reunion every two years to locate and reconnect long-lost friends from ISB.
A copy of the Foundation’s financial statement is available upon request by writing to the Virginia Office of Charitable and Regulatory Programs at the following address:
Virginia Department of Agriculture and Consumer Services
Division of Consumer Protection
Office of Charitable and Regulatory Programs
PO Box 526
Richmond, VA 23218-0526
Phone: (804) 786-1343