Dear Friends & Supporters:
As you know, I rarely ask for monetary help. For me, leading ForgiveStudentLoanDebt.com is a labor of love and I fully recognize that the very people I seek to help are, almost by definition, unable to contribute monetarily to the cause. I've been running this organization out-of-pocket for 3.5 years and, frankly, I'm all tapped out. My savings and 401(k) are long gone, yet we've still been incredibly successful in getting our message out.
I do not engage in fundraising to pay my own bills. For that, I work. I don't expect anyone to subsidize my desire to stay at home and commit myself full-time to the cause and, besides, you have your own bills to pay.
Today, however, I write to you because I need your help. ForgiveStudentLoanDebt.com has been seeking and applying for foundational grants to fund its operations, however, in order to receive those funds, FSLD must incorporate as a 501(c)(4) non-profit organization. We also need to apply for tax-exempt status with the IRS so that we don't have to hand half of the grants we receive over to the Feds.
The total cost of this endeavor is going to be approximately $2000. Given the size of this movement, a simple donation of $5 from everyone should certainly cover the costs of incorporating. You are, of course, free to give more. . .or less. . .whatever you can spare. Just keep in mind that the money you donate for this is not for my own personal use. Rather, this is something that will benefit ALL of us.
Once FSLD is properly set up as a legal non-profit, the grants we receive will go a long way towards advancing our goals of restoring sanity to the way we pay for higher eduction in this country. We'll be able to expand our operations, start advertising, organize teach-ins and lectures and, with enough funds, establish a permanent presence in D.C. to advocate on behalf of student debtors full-time!
Thank you, as always, for your continued support.
If you have any questions or comments, please don't hesitate to contact me at applebaum@forgivestudentloandebt.com.
Sincerely,
Robert Applebaum
