Would you donate to a Veterans Non-Profit Corporation that's not 501c tax exempt and if not why?

SPC Darin Taylor — Sun, 25 Sep 2016 16:23:23 -0400

Response by TSgt David L. made Sep 25 at 2016 4:32 PM

TSgt David L. — Sun, 25 Sep 2016 16:32:06 -0400

Yes, as long as they can show where the money goes.

Response by SFC Pete Kain made Sep 25 at 2016 4:33 PM

SFC Pete Kain — Sun, 25 Sep 2016 16:33:08 -0400

No, why not exempt?
I have trust issues.

Response by ENS Private RallyPoint Member made Sep 25 at 2016 4:35 PM

ENS Private RallyPoint Member — Sun, 25 Sep 2016 16:35:20 -0400

The 501c tax piece of the question is a little over my head, but I tend to make my charity donations based on the business and what they pledge to do with the money. I've always given to the Navy SEAL Foundation.

Response by Sgt Private RallyPoint Member made Sep 25 at 2016 4:49 PM

Sgt Private RallyPoint Member — Sun, 25 Sep 2016 16:49:04 -0400

SPC Darin Taylor I donate to those organizations that I have checked out and believe in. Over the years, the organizations that I support have changed. Are you involved with this non profit corporation, and why is it not tax exempt?

http://cullinanelaw.com/difference-between-nonprofit-and-tax-exempt/

What is the difference between nonprofit and tax exempt?

There is a big difference between nonprofit and tax exempt. Nonprofit is state law concept; tax exempt deals with IRS and state taxing issues.

Response by SPC Kevin Ford made Sep 25 at 2016 5:05 PM

SPC Kevin Ford — Sun, 25 Sep 2016 17:05:34 -0400

It depends how transparent they are. The nice thing about a 501c is if their annual intake is normally more than $50k a year, they have to make a public financial disclosure that will show, to some extent, how the money is being used.

Any reasonable size organization that is only in the business of being a charity will likely be a 501c. If they are not a 501c, I'd want to know what other activities they do that may disqualify them for 501c status. For example a common reason for not achieving a 501c status would be if they engaged in political activity in an election. If that's the case I'd want to know how much of my money is going to that and if I'm OK with whomever they are supporting.

Response by Sgt Wayne Wood made Sep 30 at 2016 2:48 PM

Sgt Wayne Wood — Fri, 30 Sep 2016 14:48:21 -0400

if it's not a 501(c)3 i would be suspicious of the organization. there are too many organizations out here profiting off the support/sympathy civilians have for the military.

Response by SGM Harvey Boone made Sep 30 at 2016 9:04 PM

SGM Harvey Boone — Fri, 30 Sep 2016 21:04:50 -0400

Be very careful there are too many Money making scams.