Two-Lane Contemplations

Two-Lane Contemplations

What Non-Profits Cannot Do

No private benefit, no political activity, no influencing local legislation.

Aug 21, 2024
∙ Paid

The following information is copy/pasted from the IRS website:

  1. No Private Inurement


    To be tax-exempt under section 501(c)(3) of the Internal Revenue Code, an organization must be organized and operated exclusively for exempt purposes set forth in section 501(c)(3), and none of its earnings may inure to any private shareholder or individual. In addition, i…

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