The Selena Foundation’s tax exempt status with the IRS has been revoked since May 15th. Part of the revenues from the Fiesta de la Flor event go to the foundation.
A charity that stands to benefit from Fiesta de la Flor has not resolved its tax-exempt status with the IRS.
Corpus Christi television station KRIS-TV reports the Selena Foundation lost its tax-exempt status in May because the charity failed to file paperwork for three years in a row.
As of today, the foundation has not corrected its charity status, according to the Internal Revenue Service website. That means any money donated to the Selena Foundation is not tax deductible.
Despite the foundation’s tax problems, the Corpus Christi Convention and Visitors Bureau again chose the Selena Foundation to receive a donation from money collected during Fiesta de la Flor.
The Quintanilla family runs the Selena Foundation. It honors the late Tejano singer Selena Quintanilla-Perez‘s legacy through scholarships to students among other things.