The Donald J. Trump Presidential Library Foundation, Inc. has submitted an application to the Internal Revenue Service for recognition as a tax-exempt organization under Section 501(c)(3) of the Internal Revenue Code. While that application is pending, contributions are not officially recognized as tax-deductible. If the Foundation’s application is approved, tax-deductibility may apply retroactively to the date of incorporation, consistent with IRS regulations. Donors should consult their own tax advisors regarding the treatment of contributions.