We have been waiting the registration of our company for over a year and a half and it is finally registered. Actually we have been waiting to be registered since November 2002.
We were trying to register KKV as a trust, but ended up waiting till July 2005 in vain and then were advised to pursue registering KKV as a company with limited guarentee. That means that we can operate as a 502C3 Non-Profit Organization here in Kenya… This will allow us to solicit funds locally and begin money making projects for the home. It also allows us to place the property in the ownership of the orphanage. We were forced to put the home into our personal name because of this. Also, we can apply for local tax exemption as a charitable organization. We thank God for this vital step being taken care of. God is so good.
We were trying to register KKV as a trust, but ended up waiting till July 2005 in vain and then were advised to pursue registering KKV as a company with limited guarentee. That means that we can operate as a 502C3 Non-Profit Organization here in Kenya… This will allow us to solicit funds locally and begin money making projects for the home. It also allows us to place the property in the ownership of the orphanage. We were forced to put the home into our personal name because of this. Also, we can apply for local tax exemption as a charitable organization. We thank God for this vital step being taken care of. God is so good.