[vox] [fwd] LUGOD Treasury Position And Financials
Bill Kendrick
nbs at sonic.net
Sat Jul 25 18:39:33 PDT 2009
On Sat, Jul 25, 2009 at 05:35:53PM -0700, Bill Ward wrote:
> Yep. The non profit status for a 501(c)(7) means that the org doesn't
> pay taxes, but donations are only tax deductible to a 501(c)(3).
And FWIW, when we first became a non-profit, we submitted as a 501(c)3,
but were assigned the (c)7 status by the IRS. If I recall correctly...
-bill!
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