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1. Private inurement means, amongst other things, that the board of directors needs to watch out for conflicts of interest amongst the board members so

1. Private inurement means, amongst other things, that the board of directors needs to watch out for conflicts of interest amongst the board members so that they do not vote on matters concerning themselves.

True or False?

2. Getting your mission accepted for tax-exemption is a constitutional right in the USA

True or False?

3. One of the big attractions of the 501c3 tax-exemption is that the gifts to it are tax deductible.

True or False?

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