Jamestown (JSDC) The proposed Bison World theme park in Jamestown will be developed and operated as a non profit corporation organized under North Dakota state law.
JSDC, CEO, Connie Ova, says, the incorporated organization will be called “The Bison World Fund.” and will request tax exempt status as a 501 (c)(3) corporation subject to IRS approval.
Connie explains that, “The Bison World Fund will be formed as a non-profit corporation to exclusively benefit the people of North Dakota and tourists traveling through the state. It will be a cultural theme park built upon an educational foundation.”
She stresses the importance of developing Bison World for the public’s benefit and not for the benefit of any private interest or individual, adding, “None of the current donors and supporters want to benefit personally from this project. They only want Bison World to succeed for North Dakota. That says a lot about our community.”
Eide Bailly, of the nation’s leading accounting firms, will continue to assist the project with consulting and advising during the process of requesting tax-exempt status from the Internal Revenue Service.
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