Structuring charitable and philanthropic organizations

✍ Scribed by Betsy Buchalter Adler; Gregory L. Colvin

• Book ID: 104524932
• Publisher: John Wiley and Sons
• Year: 1996
• Weight: 644 KB
• Volume: 1996
• Category: Article
• ISSN: 1072-172X
• DOI: 10.1002/pf.41219961303

✦ Synopsis

Abstract

Federal tax law divides charitable and philanthropic organizations into two categories: public charities and private foundations. Because contributors to public charities may claim more generous tax benefits than contributors to private foundations, it is more advantageowfor the organizations to be public charities.