Permissible Exempt Purposes Under 501c3 Council on Foundations
Political organizations, social welfare organizations, civic leagues, social clubs, and labor organizations may qualify for tax incentives—but not under section 501(c)(3). One of the most distinct provisions unique to Section 501(c)(3) organizations as compared with other tax-exempt entities is the tax deductibility of donations. 26 U.S.C. § 170 provides a deduction, for federal income tax …
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