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Why is it beneficial to donate specifically to 501(c)(3) organizations? 1. A 501(c)(3) organization is officially listed as tax exempt by the IRS, and donations
Why is it beneficial to donate specifically to 501(c)(3) organizations? 1. A 501(c)(3) organization is officially listed as tax exempt by the IRS, and donations made to these organizations are tax deductible. 2. Employees of 501(c)(3) organizations are quite talented, so forging relationships makes recruiting for open positions easier. 3. These organizations have been vetted by the government as doing the most good. 4. It is illegal to donate money to organizations that have not been certified as 501(c)(3) organizations
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