SOUTHPORT, NC (WWAY) –Organizers of the North Carolina Fourth of July Festival have announced the festival has officially been granted 501(c)(3) status by the Internal Revenue Service, opening the door to new funding opportunities and expanded community support.
The designation allows the longtime nonprofit to qualify for a wider range of grants and provides tax benefits for individuals, businesses, and foundations that contribute to the festival.
Festival President Hugh Fosbury said the organization had been awaiting the IRS determination letter confirming the change…