Poverty2Prosperity (P2P) Frequently Asked Questions
Q. Are donations to P2P tax deductible?
A. Yes, P2P is a registered US 501(c)(3) tax exempt non-profit. All donations to P2P are tax deductible.
Q. What if Kiva.org or P2P ceases operatons - what happens to the Perpetual Fund?
A. If something extreme should happen causing Kiva.org to cease operations, P2P will continue perpetual loaning on another platform such as Microplace.com or MyC4.com. If something extreme should happen causing P2P to cease operations, the law requires any assets of a non-profit to be transfered to another 501(c)(3) organization, in this case that would be Kiva.org.
Q. Can I leave my Kiva portfolio to the P2P Perpetual Fund in my will and estate planning.
A. Yes, P2P will work in conjunction with will executors and Kiva.org to facilitate the transfer of Kiva portfolio assets into the Perpetual Fund.