2 Flashcards

(4 cards)

0
Q

501c4 is considered a what and why?

A

Advocacy organizations because their purpose is to advance a cause of work for social change

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1
Q

501c4 are known to the it’s at what?

A

Social welfare organizations

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2
Q

What is tax exempt?

A

Not required to pay federal taxes on their income

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3
Q

What is able to tax exempt themselves and also eligible to receive gift that are tax deductible for the donors?

A

501c3 -the charitable nonprofits-

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