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501(c)(3) Organizations

Charitable Donations Tax Laws & Regulations Taxes Financial Terms Dictionary
  • Section 501(c)(3) is part of the Internal Revenue Code (IRC) and is a special tax category for non-profit organizations.

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Form 8283

Charitable Donations Taxes Financial Terms Dictionary
  • Donated non-monetary items may require appraisal to determine their value.

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Philanthropy

Charitable Donations Taxes Financial Terms Dictionary
  • Philanthropy refers to charitable acts or other acts of kindness that help others or society as a whole.

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Qualified Charitable Organization

Charitable Donations Taxes Financial Terms Dictionary
  • A qualified charitable organization is recognized as exempt from taxes when carrying out philanthropic, non-commercial or civic activities.

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Quid Pro Quo Contribution

Charitable Donations Taxes Financial Terms Dictionary
  • A quid quo pro donation to charity is a donation for which the donor receives something of value in return.

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Insurance 3709 Corporate Finance 983 Economics 497 Business Essentials 254 Accounting 251 Investing Basics 216 Strategy & Education 210 Taxes 199 Trading Skills 192 Bonds 185 ALL 220
Financial Terms Dictionary 5774 Insurance Terms Dictionary 3524 Insurance 14 Business Essentials 6 Corporate Finance 6 Accounting 1 Human Resources 1
Financial Terms Dictionary 5774 Insurance Terms Dictionary 3524 Insurance 14 Business Essentials 6 Corporate Finance 6 Accounting 1 Human Resources 1
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