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LSDefine

Simple English definitions for legal terms

charitable organization

Read a random definition: Medical Certification

A quick definition of charitable organization:

A charitable organization is a group that helps people or the environment without making a profit. They do things like teach people, help the poor, do research, protect nature, and promote health. When people give money to a charitable organization, they can sometimes get a tax break. Charitable organizations cannot do too much political stuff or they might lose their special tax status.

A more thorough explanation:

A charitable organization is a type of nonprofit organization that aims to benefit the public in some way. This can include areas such as education, poverty alleviation, scientific research, environment, diversity, religion, and health.

When an organization achieves 501(c)(3) status, individuals can deduct donations to the organization from their taxes. However, to maintain this status, organizations cannot participate in many political activities under 501(c)(3) of the Federal tax code. This means that they cannot actively promote any candidate or participate in an election in a biased way. They can only participate in limited amounts of lobbying activities or face losing their tax-exempt status.

Examples of charitable organizations include:

  • The American Red Cross, which provides disaster relief and blood donations
  • The Bill and Melinda Gates Foundation, which focuses on global health and education initiatives
  • The Humane Society, which works to protect animals and prevent animal cruelty

These organizations illustrate the definition of charitable organizations because they all have a mission to benefit the public in some way. They are also all tax-exempt under 501(c)(3) of the Federal tax code, which means that donations to these organizations are tax-deductible.

charitable lead trust | charitable remainder annuity trust

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Dkk
19:42
SEO is big money
2016 pushed the conservative party into populism irreversibly
Dkk
19:43
Maybe, but if this is populism, then every election is populist.
19:43
@Dkk: yeah register 1 website and every swinging tom dick and harry calls/emails/texts to 'help with seo'. like bruh, if YOU found it, what i am doing is working
Dkk
19:43
Indeed!
19:48
wasp, i think people are hopeful for a gov who at least attempts to care about the common man
MIAMI A
[] AromaticTroubledDormouse
20:55
How does one know if they are UR1 or UR2?
[] AromaticTroubledDormouse
20:56
CONGRATS MACAQUE!
TY
got a random stanford email and almost had a heart attack
ALSO CONGRATS!
Congrats1!
21:15
Miami A, yall I'm so excited I could cry.
21:15
Feel like I can finally stop holding my breath!! Whew!!!
[] baddestbunny
22:16
every time I get accosted by a strange man who follows me around because my male coworkers were too busy talking to walk me back to my car I get closer to saying we need to bring back traditional gender roles
Dkk
22:32
Nice! @Macaque
Dkk
22:32
@Aromatic, Have to guess.
Dkk
22:33
That sucks @Bunny do you have to go to the hospital?
[] baddestbunny
22:40
I said accosted not assaulted
23:35
guys. my notre dame address just went long is this good or bad
1a2b3c4d26z
23:37
Oooooo me too
23:37
omg is this good or bad
Dkk
23:47
Idk if gender roles are gunna fix that then.
23:49
it looks like most people who applied in october last cycle didn't get a decision until january... does it even mean anything that our addresses went long??
hows ED 2 compared to ED 1?
Dkk
0:10
No idea
windyMagician
0:34
reporting live to say my ndls address also went long
does it mean anything ^
Dkk
2:21
NDLS and Fordham took a very long time last year. It's good info for people to know.
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