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

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

    The First Amendment originally bound only the U.S. Federal Government, but by incorporation through the 14th Amendment, also binds state and local governments. Under the Religious Freedom Restoration Act many generally applicable state laws regarding employment, zoning and the like are relaxed for churches.

  3. Donor-advised fund - Wikipedia

    en.wikipedia.org/wiki/Donor-advised_fund

    A donor-advised fund has some disadvantages compared to a private foundation, and some advantages. Both can accept donations of unusual or illiquid assets (e.g., part ownership of a private company, art, real estate, partnerships or limited partnership shares), but a donor-advised fund has higher deductions for these gifts (depending on the gift).

  4. Charitable contribution deductions in the United States

    en.wikipedia.org/wiki/Charitable_contribution...

    If a donor is contributing property that would have yielded a long-term capital gain in a sale, then the deduction for the contribution is limited to 30% of donor's adjusted gross income in the year of donation if the donee is a public charity, and limited to 20% if the donee is a private foundation. Contributions over the respective AGI ...

  5. How Charitable Donations Really Affect Your Tax Return ... - AOL

    www.aol.com/charitable-donations-really-affect...

    Charitable donations can help a worthy cause, but your donations may also help your tax bill. Watch Out: The 7 Worst Things You Can Do If You Owe the IRSMore: Owe Money to the IRS? Most People Don ...

  6. Foundation (United States law) - Wikipedia

    en.wikipedia.org/wiki/Foundation_(United_States_law)

    A foundation in the United States is a type of charitable organization. Though, the Internal Revenue Code distinguishes between private foundations (usually funded by an individual, family, or corporation) and public charities (community foundations and other nonprofit groups that raise money from the general public).

  7. Trump fundraising committee to use donations for legal bills

    www.aol.com/news/trump-fundraising-committee...

    A portion of the donations to the newly formed "Trump 47" joint fundraising committee will filter to the Save America political action committee, which is often used to cover former President ...

  8. The Rules for Using Campaign Funds on Legal Fees, Explained - AOL

    www.aol.com/news/rules-using-campaign-funds...

    In 2005, amid a federal investigation into bribery allegations against former California Rep. Randy “Duke” Cunningham, the FEC permitted the use of his campaign funds to pay legal expenses ...

  9. Gift (law) - Wikipedia

    en.wikipedia.org/wiki/Gift_(law)

    The donee must accept the gift in order for the property transfer to take place. [1] However, because people generally accept gifts, acceptance will be presumed, so long as the donee does not expressly reject the gift. [2] A rejection of the gift destroys the gift, so that a donee cannot revive a once-rejected gift by later accepting it.

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