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The Recycled Tire Research and Engineering Foundation has received 501-C-3 status from the Internal Revenue Service, positioning the foundation to receive tax deductible contributions, bequests, devices, transfers and gifts.


The Recycled Tire Research and Engineering Foundation has received 501-C-3 status from the Internal Revenue Service, positioning the foundation to receive tax deductible contributions Deductible contribution

Amount paid into an IRA, an employer-sponsored retirement plan, or other type of retirement plan for a particular tax year that is a deduction from income for tax purposes.
, bequests, devices, transfers and gifts. The East Arkansas Planning and Development District has become the first sponsor for the foundation. The EAPDD has actively been pursuing the establishment of a crumb rubber Crumb rubber is generally manufactured from automotive and truck scrap tires. During the manufacturing process steel and fluff is removed leaving tire rubber with a granular consistency.  program in their state. The foundation was also recently placed under contract with the Arizona Department of Environmental Quality to develop guidelines guidelines,
n.pl a set of standards, criteria, or specifications to be used or followed in the performance of certain tasks.
 for crumb rubber use in Portland cement portland cement

Binding agent of present-day concrete. It is a finely ground powder made by burning and grinding a limestone mixed with clay or shale. Its inventor, Joseph Aspdin (1799–1855), patented the process in 1824, naming the material for its resemblance to the
 concrete mixes. The foundation is now positioned to seek funding for a variety of projects which include technology transfer around the globe.
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Title Annotation:Corporate, Financial News
Publication:Rubber World
Date:Jan 1, 2005
Words:107
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