Nothing contributed to anything of a political nature is tax deductible
anymore. Money and in-kind contributions must be reported at certain levels.
But never would a political campaign or any organizations spending more than
20% of its revenues and resources on influencing voters or the votes of
elected officials be able to hold 501(c)(3) tax status. The tax designation
for advocacy is 501(c)(4).
--
Andy Driscoll
Saint Paul
> From: [EMAIL PROTECTED]
> Date: Mon, 22 Jan 2001 14:09:42 EST
> To: <[EMAIL PROTECTED]>
> Subject: Re: [Mpls] What's going on in the 3rd Ward?
>
> I, as a Third Ward resident, have seen the ad and am wondering who the
> individuals are who have started this group. What are their names? I
> assume that this is a non-profit organization--is it a 501-c-3? Do they
> have by-laws and a statement of purpose? Are donations to their
> organization tax-deductible, and how exactly will the money be spent? Do
> the people who contribute become voting members? Their phone message does
> not say. Does anyone know?
>
> Kristine Harley Sheridan Neighborhood
>
>
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