I am an attorney and I volunteer time to answer general questions about U.S. Federal income tax issues of nonprofit 501(c)(3) public charities only. Those questions could be about establishing and maintaining legal requirements for such non-profit organizations in the United States, including Internal Revenue service filings and requirements. I will not be working on this free forum to answer questions about Nonprofit's possible unrelated or for-profit businesses or how to fill out forms. This forum is only for general questions about federal tax law, not as the law applies to your specific situation. If you do not make your question public then I will not be spending much of my donated time on answers that would not benefit the public. If you have other questions, please contact me at Harvey108@hotmail.com I will reply from my email. In any case, do not reveal confidential information to me until after I have contracted with you to provide personal legal services. My responses on this forum are intended to be general statements of law, should not be relied upon as legal advice, and do not create an attorney/client relationship. For me to consider your individual situation and how the law applies, I would need to gather extensive information about the situation. To search my previous answers you can do a Google search by "site:allexperts.com/q/nonprofit" without the quotes and then add your search terms before hitting enter.
I have been practicing law and especially the law of nonprofit organizations since 1990 when I was admitted to the New York Bar and I have maintained my status with the Bar since that time.
B.S. Columbia University in New York City, 1970
J.D. (Law Degree) Brooklyn Law School, 1990 -- Cum Laude.
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By using the phrase "contribution towards" it appears that the donation is made in cash (or check). Even though the donor may have earmarked the use of the funds, the donation is considered a cash donation
Generally, a 501(c)(3) organization may give grants to or for the benefit of individuals who are what the IRS calls charitable beneficiaries. Low-income students are in the class of charitable beneficiaries
I will assume that your organization has not been established under the New York religious corporation law nor does it provide for religious activities of worship for groups of people (and, thereby treated
A 509(a)(2), is not a private foundation. A private foundation completes the Form 990-PF, whereas the 501(c)(3) organizations that are not private foundations, but are public charities, complete the Form
You can put in the name and state in the IRS site at https://goo.gl/CSf9OL and you will see, if, as highlighted in the search they "Are eligible to receive tax-deductible charitable contributions". If