FOR IMMEDIATE RELEASE
MultiValue World Foundation, Inc. Achieves Nonprofit Status Under IRS Section 501(c)(3)
Prominent Platform for MultiValue Database Community Now a Registered Nonprofit Organization
Pittsburgh, PA, August 20, 2024 – MultiValue World Foundation, Inc. is proud to announce that it has officially achieved nonprofit status under IRS section 501(c)(3). This significant milestone solidifies the Foundation’s mission to promote, preserve, and expand the knowledge and use of MultiValue databases, ensuring their legacy and continued innovation in industries worldwide.
Founded by Jay LaBonte, MultiValue World Foundation, Inc. has long been a hub for professionals, enthusiasts, and organizations who rely on the powerful capabilities of MultiValue databases. These databases are the backbone of countless mission-critical applications across sectors such as finance, healthcare, logistics, and telecommunications.
“As a nonprofit, MultiValue World Foundation, Inc. can now further our commitment to the MultiValue community,” said Jay LaBonte, Founder and President of the Foundation. “Our mission is to not only celebrate the history and impact of MultiValue databases but also to foster the growth and education around this vital technology. The nonprofit status allows us to better serve our community by providing more resources, educational content, and opportunities for collaboration.”
With this new status, MultiValue World Foundation, Inc. will continue to be the central point for all things MultiValue. The foundation’s expanded mission includes:
Preservation of Historical Information: Safeguarding the rich history and evolution of MultiValue databases for future generations.
Educational Resources: Offering comprehensive educational materials, guides, and tools for those new to or deeply involved in MultiValue technology.
Community Engagement: Creating opportunities for professionals, businesses, and enthusiasts to connect, share insights, and collaborate on projects that advance the use and understanding of MultiValue databases.
The nonprofit status also enables MultiValue World Foundation, Inc. to accept tax-deductible donations, which will be directed towards expanding the foundation’s initiatives and outreach. “We invite the community to join us in our efforts to preserve and promote the incredible versatility and reliability of MultiValue databases,” added LaBonte.
For more information on MultiValue World Foundation, Inc., its mission, or to contribute, please visit www.multivalue.world or contact info@multivalueWorld.com
About MultiValue World Foundation, Inc.
MultiValue World Foundation, Inc. is a nonprofit organization dedicated to promoting and preserving the use and understanding of MultiValue databases. Serving as a global resource for professionals, enthusiasts, and organizations, the foundation offers educational content, fosters community engagement, and safeguards the historical legacy of MultiValue technology.
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