On November 10, 2003 the IRS has ruled that effective February 28,2003 Stone Ledge Farms, Inc. is "exempt from federal income tax under section 501(a) of the Internal Revenue Code as an organization described in section 501(c)(3)". Grantors and contributors may rely on this IRS determination and may deduct contributions per section 170 of the IRC. Bequests, legacies, devises, transfers or gifts to us or for our use are deductible for Federal estate and gift tax purposes if they meet the applicable provisions of sections 2055, 2106 and 2522 of the IRC