In case you haven’t read the news lately, the IRS has been targeting conservative nonprofits, mostly 501(c)(4) organizations. What are 501(c)(4)s? Do you need to know the difference between a 501(c)(3) and a 501(c)(4)? Do you need a 501(c)(4) in addition to your 501(c)(3)?
A Section 501(c)(3) organization may be a public charity or a private foundation, either of which is entitled to receive tax-deductible contributions. That’s good news for prospective donors and charitable recipients alike!