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  2. Non-profit organization laws in the U.S. - Wikipedia

    en.wikipedia.org/wiki/Non-profit_organization...

    The steps required to become a nonprofit include applying for tax-exempt status. If States do not require the "determination letter" from the IRS to grant non-profit tax exemption to organizations, on a State level, claiming non-profit status without that Federal approval, then they have actually violated Federal United States Nonprofit Laws.

  3. 501(c)(3) organization - Wikipedia

    en.wikipedia.org/wiki/501(c)(3)_organization

    Prior to October 9, 1969, nonprofit organizations could declare themselves to be tax-exempt under Section 501(c)(3) without first obtaining Internal Revenue Service recognition by filing Form 1023 and receiving a determination letter. [21] A nonprofit organization that did so prior to that date could still be subject to challenge of its status ...

  4. 501 (c) organization - Wikipedia

    en.wikipedia.org/wiki/501(c)_organization

    The predecessor of IRC 501(c)(6) was enacted as part of the Revenue Act of 1913 [71] likely due to a U.S. Chamber of Commerce request for an exemption for nonprofit "civic" and "commercial" organizations, which resulted in IRC 501(c)(4) for nonprofit "civic" organizations and IRC 501(c)(6) for nonprofit "commercially-oriented" organizations. [60]

  5. United States Senate inquiry into the tax-exempt status of ...

    en.wikipedia.org/wiki/United_States_Senate...

    In a letter to Benny Hinn Ministries, [8] Grassley asked for the ministry to divulge financial information [9] to the Senate Committee on Finance to determine if Hinn made any personal profit from financial donations, and requested that Hinn's ministry make the information available by December 6, 2007.

  6. Letter of intent - Wikipedia

    en.wikipedia.org/wiki/Letter_of_intent

    In academia, a letter of intent, also often referred to as a statement of intent, is part of the admissions process of a particular academic program in graduate school. These letters often act as a pivotal decider for admission committees looking to understand an applicant's academic and professional goals, and their fit within the program.

  7. Johnson Amendment - Wikipedia

    en.wikipedia.org/wiki/Johnson_Amendment

    The Johnson Amendment is a provision in the U.S. tax code, since 1954, that prohibits all 501(c)(3) non-profit organizations from endorsing or opposing political candidates. Section 501(c)(3) organizations are the most common type of nonprofit organization in the United States, ranging from charitable foundations to universities and churches.

  8. Trump may end the $7,500 EV tax credit. Elon Musk and Tesla ...

    www.aol.com/trump-may-end-7-500-141629239.html

    The $7,500 tax credit for buyers of electric vehicles could be vanishing early in the new Trump administration, but that might actually be good news for Tesla and its CEO Elon Musk, one of ...

  9. Fiscal sponsorship - Wikipedia

    en.wikipedia.org/wiki/Fiscal_sponsorship

    Fiscal sponsorship can enable projects to share a common administrative platform with a larger organization, thus increasing efficiency. In addition to legal status, sponsors can provide payroll, employee benefits, office space, publicity, fundraising assistance, and training services, sparing projects the necessity of developing these resources and allowing them to focus on programmatic ...

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