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Topic: 501(c)(3)

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	501(c)(3) - Wikipedia, the free encyclopedia
		501(c)(3) is a provision of the US tax code that provides exempt status, for Federal income tax purposes, for some non-profit organizations in the United States (see 26 U.S.C. § 501(c)(3)).
		Section 501(c)(3) is just one of the tax law provisions granting tax exemption to non-profit organizations.
		501(c)(3) status for charities and the related section 170 deduction for donors are important to many charitable groups.
	en.wikipedia.org /wiki/501c3 (276 words)

	Exemption Requirements
		To be tax-exempt as an organization described in IRC Section 501(c)(3) of the Code, an organization must be organized and operated exclusively for one or more of the purposes set forth in IRC Section 501(c)(3) and none of the earnings of the organization may inure to any private shareholder or individual.
		The articles of organization must limit the organization's purposes to one or more of the exempt purposes set forth in IRC Section 501(c)(3) and must not expressly empower it to engage, other than as an insubstantial part of its activities, in activities that are not in furtherance of one or more of those purposes.
		IRC section 501(c)(3) organizations are restricted in the amount of political and legislative (lobbying) activities they may conduct.
	www.irs.gov /charities/charitable/article/0,,id=96099,00.html (658 words)

	FAQ's - 501(c)(3) Status (Site not responding. Last check: 2007-08-09)
		Enumerated purposes under §501(c)(3) include: religious, charitable, scientific, testing for public safety, literary, or educational purposes, or to foster national or international amateur sports competition (but only if no part of its activities involve the provision of athletic facilities or equipment), or for the prevention of cruelty to children or animals.
		All §501(c)(3) organizations are also classified by the IRS as to private foundation status under §509(a).
		Which is carried on by a §501(c)(3) charity or a state college or university primarily for the convenience of its members, students, employees, or officers.c.
	home.comcast.net /~cbowness/501c3_faq.htm (1808 words)

	Encyclopedia: 501(c)(3) (Site not responding. Last check: 2007-08-09)
		A tax exemption is an exemption to the tax law of a state or nation in which part of the taxes that would normally be collected from an individual or an organization are instead foregone.
		The organizations described in IRC Section 501(c)(3) are commonly referred to under the general heading of "charitable organizations." Organizations described in IRC Section 501(c)(3), other than testing for public safety organizations, are eligible to receive tax-deductible contributions in accordance with IRC Section 170.
		The exempt purposes set forth in IRC Section 501(c)(3) are charitable, religious, educational, scientific, literary, testing for public safety, fostering national or international amateur sports competition, and the prevention of cruelty to children or animals.
	www.nationmaster.com /encyclopedia/501(c)(3) (930 words)

	Lobbying and 501(c)(3) Tax Exempt Status
		Contributors to Section 501(c)(3) organizations are entitled to deduct their contributions for federal tax purposes, thus reducing their tax liabilities.
		Section 501(c)(3) groups can distribute non-partisan "voter education" information, but such information should be carefully reviewed to make sure it is a fair presentation of information about all candidates and is not "slanted".
		Also, a Section 501(c)(3) organization is not permitted to allow groups or individuals to use its facilities and equipment to campaign for candidates.
	www.floridacdc.org /forms/lobbying.htm (834 words)

	Participation
		A 501(c)(3) organization may not do indirectly through a coalition what it is not permitted to do directly such as engaging in partisan political activity.
		If a 501(c)(3) engages in partisan activity, it may jeopardize its tax-exempt status and be subject to fines on both the organization and the organization's managers (directors, officers and senior staff).
		Joint Nonpartisan Activities: A 501(c)(3) may engage in voter education and registration with a 501(c)(4) or 527 so long as the activities are conducted in a strictly nonpartisan manner.
	www.pafcoalition.org /html/participation.html (1447 words)

	501(c)3 Info (Site not responding. Last check: 2007-08-09)
		There are generally three ways to obtain tax-exempt non-profit status — also known as 501(c)3 status, in reference to the section of the tax code that deals with non-profits — for your venture.
		A fiscal sponsor is an organization that has 501(c)3 status and is willing to accept a venture under its “umbrella.” It is important to negotiate the terms of this agreement in advance, and determine how the venture will receive its grant funds.
		The two main drawbacks to fiscal sponsorship are cost — in return for their beneficial services, fiscal sponsors generally charge a percentage of a venture’s yearly budget — and the limits to a venture’s freedom caused by having to conform to its particularly accounting practices, such as justifying expenses.
	www.joshuaventure.org /resources/501c3.html (688 words)

	Give.org
		To obtain a 501(c)(3) tax exempt status, most nonprofit organizations must file documents with the IRS that prove them to be operated for certain charitable purposes specified by statute.
		Contributions to all 501(c)(3) organizations, except those that "test for public safety," are deductible as charitable donations for federal income tax purposes.
		While its 501(c)(3) status determines that an organization is eligible to receive tax deductible donations, its foundation status determines the limits of an individual donor's deduction.
	www.give.org /tips/tax.asp (1776 words)

	Federal Income Tax Laws and 501(c)(3) Tax-Exempt Status
		In order to obtain 501(c)(3) tax exempt status, a nonprofit must apply to the IRS for recognition of its 501(c)(3) status, which must then be determined and granted by the IRS.
		Therefore, under section 508(c) it is entitled to the mandatory exception for churches from the requirement of applying to the IRS for recognition of its 501(c)(3) nonprofit status.
		(D) which is not disqualified for tax exemption under section 501(c)(3) by reason of attempting to influence legislation, and which does not participate in, or intervene in (including the publishing or distributing of statements), any political campaign on behalf of (or in opposition to) any candidate for public office.
	www.angelbase.com /main/legal/fed-tax-501c3.php (4381 words)

	amrclearinghouse.org :::ORGANIZING - Becoming a 501(c)(3)::: (Site not responding. Last check: 2007-08-09)
		Organizations obtaining the 501(c)(3) designation are exempt from paying federal income tax and charitable contributions to those organizations may be deducted from contributor's federal income tax.
		Additionally the 501(c)(3) designation is generally required to obtain federal and state grants, as well as grants from most foundations.
		A 501(c)(3) organization should not exceed an average of 20% of its resources going toward lobbying and under no circumstances should the organization engage in electioneering.
	www.amrclearinghouse.org /Sub/ORGANIZING/ZZ501c3.htm (1041 words)

	501 (c)(3) Non Profits (Site not responding. Last check: 2007-08-09)
		This is, in essence, an extension of the Association's 501(c)(3) status to all our sections.
		Organizations which are exempt under section 501(c)(3) are usually defined as "charitable" or "educational." These organizations are defined as being organized and operated exclusively for religious, charitable, scientific, testing for the public safety, literary or educational purposes.
		In most states a 501(c)(3) organization is eligible for an exemption from most state taxes, including sales and real estate tax.
	www.awwa.org /Sections/Sectionlibrary/501c3NonProfits.cfm (279 words)

	CTAC Library - 501(c)(3)s (Site not responding. Last check: 2007-08-09)
		You may partner with an existing 501(c)(3) non-profit that would agree to serve as your "fiscal sponsor," administering financial matters on your behalf.
		If you have decided that 501(c)(3) tax exempt status is appropriate for your organization, be prepared for the process.
		You may function as a 501(c)(3) tax exempt organization for five (5) years, when the IRS will examine your activities and financial information to see if you indeed met the requirements as you projected.
	www.ctaconline.org /501c3.asp (1447 words)

	COMMON QUESTIONS AND ANSWERS ABOUT FEDERAL TAX EXEMPT STATUS
		In addition, a Section 501(c)(3) organization is usually subject to scrutiny by the Attorney General of the state in which it is organized.
		Organizations established since 1969 cannot be exempt under Section 501(c)(3) unless they give notice to the IRS of their existence by filing an exemption application.
		The fact that an activity undertaken to further charitable purposes results in benefit to private business interests does not prevent the activity from qualifying as "charitable" if the private benefit is "incidental" or "insubstantial" (i.e., relatively small) and not unreasonable in relationship to the primary public benefit resulting from the activity.
	www.floridacdc.org /forms/501ques.html (5559 words)

	501 (c)3 Fact Sheet
		Generally, interested parties that are not yet a 501(c)3 will need to file articles of incorporation with the appropriate agency in their state (usually the state's secretary of state).
		There are 8 types of tax-exempt 501(c)3 organizations: charitable; religious; educational; scientific; literary organizations; those that test for public safety; support national and international sports competitions; and those that work to prevent cruelty to children or animals.
		501(c)3 public charities are supposed to receive at least one third of their support from the general public.
	www.ezec.gov /Toolbox/501c3factsheet.html (1436 words)

	Electronic Code of Federal Regulations: (Site not responding. Last check: 2007-08-09)
		A determination by the Commissioner or a district director that an organization is described in section 501(c)(3) and exempt under section 501(a) will not be granted after July 26, 1959 (regardless of when the application is filed), unless such organization meets the organizational test prescribed by this paragraph.
		The term charitable is used in section 501(c)(3) in its generally accepted legal sense and is, therefore, not to be construed as limited by the separate enumeration in section 501(c)(3) of other tax-exempt purposes which may fall within the broad outlines of charity as developed by judicial decisions.
		An organization which is organized and operated for the primary purpose of carrying on an unrelated trade or business is not exempt under section 501(c)(3) even though it has certain religious purposes, its property is held in common, and its profits do not inure to the benefit of individual members of the organization.
	ecfr.gpoaccess.gov /cgi/t/text/text-idx?c=ecfr&sid=0fc54632089dcb1e9125d03240c6211c&rgn=div8&view=text&node=26:7.0.1.1.1.0.1.3&idno=26 (2771 words)

	COBAC is a Section 501(c)(3) charitable organization
		Those articles of incorporation stated that COBAC was to be a section 501(c)(3) charitable organization and contained numerous provisions limiting its operations to tax exempt purposes.
		These amended articles of incorporation state that we are to be a section 501(c)(3) charitable organization and include all of the provisions which the Internal Revenue Service requires to be in the organizational document.
		The determination by the IRS that COBAC is a 501(c)(3) charitable organization means that not only is COBAC exempt from Federal income tax but also "Contributions to you are deductible under section 170 of the Code.
	www.cobac.org /news/cobac_501c3.html (416 words)

	1000 Friends of Oregon: 501(c)(3) (Site not responding. Last check: 2007-08-09)
		The general rule on lobbying: 501(c)(3) organizations can lobby as long as it is a small portion of their work.
		How Much Lobbying Nonprofits Can Do 501(c)(3) organizations can spend up to 20% of their money on lobbying if they have filed for the 501(h) election and have an annual budget of less than $500,000.
		If they have not filed for the 501(h) election, they can spend only an "insubstantial" (generally thought to be less than 5%) part of their budget.
	www.friends.org /support/501c3.html (552 words)

	IRS 501(c)(3) Housing "Safe Harbor"
		501(c)(3) of the Internal Revenue Code because they relieve the poor and distressed as described in 1.501(c)(3)-l(d)(2) of the Income Tax Regulations.
		This revenue procedure also describes the facts and circumstances test that will apply to determine whether organizations that fall outside the safe harbor relieve the poor and distressed such that they will be considered charitable organizations described in 501(c)(3).
		.06 To be recognized as exempt from income tax under 501(c)(3), a low-income housing organization must not only serve a charitable purpose but also meet the other requirements of that section, including the prohibitions against inurement and private benefit.
	www.floridacdc.org /forms/form41.html (2772 words)

	Internal Revenue Code 501 C 3 - (Site not responding. Last check: 2007-08-09)
		(Redirected from 501c3) 501(c)(3) is a section of the US tax code that defines a type of non-profit organization that is dominant in the United States.
		HealingAfterLoss.Org, Inc. is a Â§501(c)(3) of the Internal Revenue Code of 1954 corporation, established under Section 402 of the Not-for-Profit Corporation Law in the State of New York.
		501(c)(3) 501(c)(3) is the type of non-profit organization that is dominant in the United States.
	revenue.fmqg.com /index.php?k=internal-revenue-code-501-c-3 (981 words)

	Idaho Observer: Churches need not be 501(c)(3)
		The bottom line is that 501(c)(3) churches either filed for their tax-exempt status out of ignorance or they are for-profit businesses operating in commerce with a government exemption.
		It should be heard by pastors of 501(c)(3) institutions so the “ignorance” option may be removed from their churches.
		Not only is it completely unnecessary for any church to seek 501c3 status, to do so becomes a grant of jurisdiction to the IRS by any church that obtains that State favor.
	proliberty.com /observer/20040518.htm (575 words)

	Lobbying, 501(c)(4) Primer
		Many 501(c)(3) organizations are unduly fearful of restrictions on lobbying without fully understanding the narrow definition of lobbying or that these exceptions apply.
		At the board level, for instance, the 501(c)(3) board of directors should first convene and adjourn a meeting of the 501(c)(3) board followed by a meeting of the 501(c)(4).
		Most importantly, funds given to the 501(c)(3) for its charitable purposes may not be used by or commingled with the 501(c)(4).
	www.hurwitassociates.com /l_lobby_primer.html (831 words)

	IRS Restrictions on Lobbying (Site not responding. Last check: 2007-08-09)
		The Internal Revenue Code allows 501(c)(3) organizations to lobby on any issue that does not favor any partisan candidacy or particular candidate for political office, up to a percentage cost of the organization's total expenditures during a given fiscal year.
		Nonprofit 501(c)(3) organizations are forbidden from engaging in any political activity in support or opposition of a candidate for public office.
		The Internal Revenue Code states that 501(c)(3) organizations must "not participate in, or intervene in (including publishing or distribution of statements), any political campaign on behalf of any candidate for public office." A 501(c)(3) organization that violates this rule may lose its tax-exempt status and face other financial penalties.
	www.alliance1.org /Public_Policy/IRS_rules.htm (944 words)

	FAQ's - 501(c)(4) Status for Nonprofit Organizations
		Neither can the organization be operated primarily as "a social club for the benefit, pleasure, or recreation of its members." Again, however, social functions for the benefit of members may be carried out if they are incidental to the organization's primary purposes.
		An excess benefit transaction includes any transaction in which the amount of any economic benefit provided to or for the use of a disqualified person is determined in whole or in part by the organization's revenues and results in any private inurement.
		In contrast, a §501(c)(3) organization is absolutely prohibited from engaging in any political campaigning activities whatsoever, or else it will forfeit its tax exempt status.
	www.t-tlaw.com /lr-05.htm (1037 words)

	501(c)(3) Steps (Site not responding. Last check: 2007-08-09)
		When you have been granted IRS 501(c)(3) status, you can then apply to the Illinois Department of Revenue for exemption from State sales tax.
		Publication 4220, Applying for 501(c)(3) Tax-Exempt Status, is designed to help prospective charities apply for tax exemption under the tax law.
		Publication 4221, Compliance Guide for 501(c)(3) Tax-Exempt Organizations, explains the record keeping, report filing, and disclosure rules that apply to organizations that have tax-exempt status under section 501(c)(3).
	www.esc-chicago.org /resources/501c3steps.htm (758 words)

	[No title]
		—Wayne Johnson, Friends of Micronesia 501(c)3 or 501(c)4 status is a federal IRS status NOT a state incorporation issue.
		You do not have to be incorporated to become a 501(c)3.
		It is possible to incorporate as a non-profit from the state and not go forward with an application for tax exempt status.
	www.rpcv.org /groups/nonprofit.doc (373 words)

	Tax Information for Charitable Organizations
		During its existence, a public charity has numerous interactions with the IRS – from filing an application for recognition of tax-exempt status under the law, to filing the required annual information returns, to making changes in its mission and purpose.
		A brief description of the requirements for exemption under IRC Section 501(c)(3).
		Procedures for applying for exemption under Internal Revenue Section 501(c)(3).
	www.irs.gov /charities/charitable (123 words)

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