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I'm in the process of trying to do this for my specific chapter's philanthropy committee, so eventually donations to our philanthropy can be tax-deductable. You need to have an employer id number to even start the process of becoming a tax-exempt organization (even if you have no employees).
Getting the EID is actually really easy, you just fill out a form on the irs page, irs.gov
good luck
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Gamma Phi Beta
TEII
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