The code is very specific for charitable organizations created under Chapter 501C-3 of the code. These eligiblity requirements include:
- All monies raised in excess of expenses must be contributed
- For cemeteries, benefit cannot accrue to the lot owner
Postscript
This post and others on the Johnson-Woodford Blog will be compiled into a Free, downloadable E-book, which will also be available in hard copy. A final thought. We can all learn from one another. Your thoughts, ideas, and sharing are important to us and others. Please send your notes and comments to blogger@johnson-woodford.com or log on to www.johnson-woodford.com.
1 comment:
How actually does this work, getting a 501c-3?
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