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Private Foundations May Grant Disaster Relief to Individuals

Unlike public charities, private foundations are generally required to seek prior IRS approval before making grants to individuals, such as scholarships and other awards for specific objectives. If unauthorized distributions...more

Non-Profits Benefit from Relaxed Charitable Deduction Limitations

Increased Charitable Deduction Limits for Donations - Under the federal income tax laws, cash donations to a 501(c)(3) public charity are generally deductible by an individual donor who itemizes deductions in an amount up...more

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