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How can a business accept charitable donations?
You have to be a business of sorts to be a charatable organization. You must have a board of directors or officers and must hold regular business meetings. Look at the Red Cross. They're a Charatable, Not-for-Profit, --Both tax classifications (ie 501C3) business... "william ewald" wrote in message ... On Fri, 22 Oct 2004 10:09:30 -0500, (Richard Harrison) wrote: Lefty wrote: "How many realize the ARRL is a business?" Of course it is, and it is operated by and for its small group of insiders. As the only significant representative of licensed amateurs, ARRL is a monopoly which enjoys the benefits of its status. How can a business accept charitable donations? From www.arrl.org September 29, 2004 -- Employees of the US government can designate their Combined Federal Campaign (CFC) pledges to the ARRL. (The League is CFC No 9872.) Federal employees who participate in the CFC can donate all or part of their CFC contribution to the League to support ARRL's efforts on behalf of Amateur Radio. Some private-sector employers also match donations their employees make to ARRL, while others will donate to the League if you volunteer your time--as an Amateur Radio Emergency Service (ARES) volunteer, for example. "ExxonMobil gives ARRL a donation of $500 for every 25 hours that I volunteer for ARES activities, including training, exercises and preparation--with a max of $2000 per year," says ARRL member Alan Isaachsen, KB2WF. ARRL is a qualifying §501(c)(3) organization, and contributions may be tax deductible for both employer and employee. Make it a point to find out your employer offers a volunteer incentive program or matches individual employee's donations to the League. For more information, contact ARRL Chief Development Officer Mary Hobart, K1MMH, ; 860-594-0397; fax 860-594-0259.--thanks to Alan Isaachsen, KB2WF, and Walt Dubose, K5YFW |